What is the best way to invest my money from a tax perspective?

You should mainly select financial investments based on how much risk you can and want to assume, and for how long you want to tie up your money. However, taxes can significantly lower the income you receive from an investment. That is why it is worth selecting types of investments that incur the lowest tax possible. Interest is subject to taxation like any other income, whereas capital gains are usually tax free. This means it can be beneficial from a tax perspective to invest your money in assets that generate more capital gains and less interest.