We can define smart investing as the process of making informed and enlightened decisions when it comes to investing in stocks, real estate, bonds, or any other assets. Smart investing involves analyzing financial and economic data, assessing potential risks, and identifying promising investment opportunities.

The most important points of smart investing: 

1- Accurate analysis of financial and economic data: Smart investing requires studying and analyzing financial and economic data accurately to evaluate potential investment opportunities and determine the risks associated with each opportunity.

2- Diversification of investments: Investments should be well diversified to reduce risks and increase expected returns. This can be done by investing in various investment assets such as stocks, bonds, real estate, commodities, and more.

3- Technical and fundamental analysis: Technical and fundamental analysis can be used in smart investing. Technical analysis helps determine buying and selling points, while fundamental analysis helps evaluate companies and assets being invested in and identify promising investment opportunities.

4- Focus on long-term investing: The focus in smart investing should be on long-term investing and achieving high returns in the long run, rather than seeking quick profits in the short term.

5- Maintaining psychological balance: It is important to maintain psychological balance and not rush into investment decisions. Sudden losses can cause mental disturbances and turn to invest into reckless decisions.

The most important steps to start smart investing are:

1- Learn the basics: You should gain a good knowledge of investment basics, such as understanding basic financial concepts, different financial tools, stock and financial indicator analysis methods, and technical and fundamental analysis.

2- Set goals and plans: You should set your investment goals and create an investment plan that helps you achieve those goals.

3- Check your financial status: You should check your current financial status and determine the amount of risk you can afford to take in investing.

4- Determine the type of investment: You should determine the type of investment you want, whether it is stocks, bonds, real estate, Exchange-Traded Funds (ETFs), or cryptocurrencies.

5- Seek advice from experts: You can benefit from investment experts and financial advisors to determine the best investment strategy that suits your goals and risk level. You can follow some strategies, such as copy trading, which is one of the best strategies for beginners, allowing you to copy professional investors' trades and apply them to your trades.

6- Monitor and update: You should regularly evaluate your investment performance and update your investment strategies based on changing economic, political, financial, and technological conditions.

It's worth mentioning that investment decisions should be made wisely and carefully, and risks should be balanced and appropriate to your skill level and knowledge in investing.