In today’s episode of the Invest In You Podcast, Fredrik and Charlie show you why picking the right location is essential to success, in business, investing and life. Discover why you really need to think about where you place yourself so you can succeed in lots of areas of life and be flexible.
Be careful to invest a stable amount in an unstable place. Our environment is changing so be aware of its relevance moving forward and invest in the right location.
KEY TAKEAWAYS
Fredrik likes to invest in property and specifically London. It's an investment capital and with investment coming from all over the world it's a safe haven that will continue to increase in value. The value of homes in London will increase so picking the right investment in the right location is vital. You need to always be looking at the capital inflation value.
There's a difference in cash flow strategies and long-term capital gain. knowing your strategy will impact on the location you desire for your investment.
Location can help you arbitrage products and leverage another locations economy to sell them for more. Africa, Asia and South America are growing quickly and could be great investment opportunities
Fredrik wishes he could do business in some countries he hasn't been fortunate to visit such as New Zealand or Australia. Charlies hopes to spend more time on holiday with her family in Bali, Monaco and New Zealand.
BEST MOMENTS
"You are not a tree. You don't have roots, you can move around"
"There's no one place in the world, you need to have flexibility"
"It is sometimes smarter not to own properties and to rent. Especially if you want to travel around"
“Always consider if your ideal customers are near to the location of your business.”
“Fredriks ideal location lifestyle means having flexibility in both his business and his life.”
“The Big Mac Index - How much does a big mac cost in $ between different countries? this will give you an idea of the cost of living in different countries”
“You can't have a different version of you in different areas, living different lives you need to make the most of your current location”
ABOUT THE HOST
Serial entrepreneurs Fredrik, Charlie and Ivan Sandvall love sharing ideas and interviewing world-class entrepreneurs and influences. Invest In You is about investments, entrepreneurs, personal development and doing fun things. They hope to ensure you to take action, helping others and yourself, plus enjoying the journey we call life.
CONTACT METHOD
Fredrik Sandvall
fredriksandvall.com
linkedin.com/in/sandvall/
https://www.facebook.com/FredrikinLondon/
Invest In You Facebook Page
Charlie’s Youtube Channel: https://www.youtube.com/channel/UCRYA8B8P29M-OzUrpfiP5Iw
