Many countries offer a special kind of investing account with better tax treatment than an ordinary one, meant to encourage saving for the long term.
Using the account your country offers, instead of an ordinary one, can mean keeping meaningfully more of the same gain, for no extra risk.
The same €1,000 gain might keep €800 in an ordinary account and the full €1,000, or close to it, in a tax-friendly one, depending on the country's rules.
These accounts often come with limits: how much can go in each year, or rules about when money can come out. Check the conditions, not just the tax benefit.
Look up your country's name for this kind of account: many have one, built specifically for long-term saving and investing.
Many countries offer a tax-friendly investing account. Using it can mean keeping more of the same gain.
Look up your country’s tax-friendly account.