I am 17 years old, finishing school and turning 18 in 3/4 years. I'm planning on going to college/university directly after school. I have a private Giro with ~1000€ (0.2% interest) and a savings account of which I will get full control of when I turn 18 (0.1% interest).
Now to the question:
I'm sick of the low interest rates, as they are way lower than the inflation (around 2% in the moment).
Some options I thought about:
I recently received an e-mail from my bank, proposing to invest in a building loan contract. But I'm not sure whether this is such a good idea. With today's interest level, it will most certainly pay off, as they can't really get any lower. But I'd rather like it to pay off earlier, to increase the money. Plus there will propably a fee for the conclusion (dt. Abschluss) of the contract. I sure want to buy my own property quite early in life, but I'm not sure if such a relatively small building loan contract will help with that.
Another option would be investing in index- or managed investment funds. I'd also like the idea of trading stocks, doing something more actively. But I'm not sure if I (who knows nearly nothing about stock trading) would be able to get a good/any profit.
All in all, I'm asking what to invest in as 17/18 year old (or in general investment strategies), and if the options above are good ideas.
I read the answers to this question, but the "invest in yourself" answer isn't really appliable, as I live in germany, and the costs for university/college are not that much (my parents will pay for (most of) the running costs).
p.s. It must neither have a minimum risk, nor low maintenance, but shouldn't be to high either.
I apologize if there may be some nonsense in the question, my knowledge in this field is limited, as is my english.