Guest Speaker: Selwyn Mexted
Selwyn Mexted, Chartered Accountant of Hamilton, has 30 years’ experience in business, accounting, management consulting, and property investment and development. Selwyn has a wealth of experience in providing strategic financial and business advice to some of the Waikato's most successful small and medium enterprises (SME).
For the past ten years, in his ‘spare time’, Selwyn has been writing-up his property investment philosophy and strategies. He published his hard-won experience in book form earlier this year, titled ‘Building your real estate investment money machine.’
He bought his first property, a section, in 1972 and a few houses until 1980, then lost it all when involved in a failed manufacturing company after suffering the effect of price freezes with the Muldoon Government.
Following a period of financial rebuilding Selwyn started investing again in the 1980s then bought into the rest home industry in New Plymouth in 1987 just before the October crash.
Selwyn says “Real estate investment is a perfect market, not like shares which tend to all be down at once; whereas there is always property going up in value.” Selwyn says “True wealth is having a well-balanced life.”
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