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Discover Ludwig"smart money" is a correct phrase in written English.
You can use it when referring to wise and rational financial decisions, or when talking about people who are knowledgeable when it comes to investments and finances. For example, "It's always smart money to invest in well-established stocks."
Dictionary
smart money
noun
Experienced, well-informed investors, gamblers etc considered as a group
Exact(58)
Where's the smart money going?
This is smart money.
Smart money is Mayweather on points.
Smart money is on the over.
The smart money is heading elsewhere.
All the smart money was on others.
The smart money is on Minnesota's Ponder.
But it must be smart money.
"It's where the smart money will go.
The smart money is betting that the smart money will prevail in the Google auction.
Still, some smart money has stung Australian bookies as well.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com