“Everyone under 40 should have stocks”. As of: March 18, 2024, 11:19 a.m By: Sebastian Hölzle CommentsPressSplit Ralf Fleischer is the boss of the Stadtsparkasse Munich.

He is also the head of the largest Bavarian savings bank. We spoke to him about how he got his first money, how he feels about it today and what tips he has for small investors. Do you save for major purchases as a teenager? I didn't have to. I never saved up for a moped or anything like that.