This document outlines five smart investing strategies: 1) Don't try to time the market by predicting rises and falls, instead focus on long-term growth through asset allocation. 2) Properly allocate assets across different classes like stocks, bonds, and cash equivalents. 3) Carefully select investments within each asset class. 4) Use dollar-cost averaging to reduce risk when investing a fixed amount regularly. 5) Rebalance your portfolio periodically to maintain your target asset allocation as some investments appreciate more than others over time. Following these strategies can help reduce risk and improve long-term returns.