harry dent net worth 2020

Ever since the January 2018 bubble high, we’ve had corrections that have taken us to new lows; then the market takes us to new highs with stimulus — and then we get a new low. The cycles I look at point to our seeing the lowest stock market of our lifetime then, give or take. Facebook. Gold comments. Share & Print. What might happen when there’s another stock crash, and the market goes to that new low? You either die or end up in detox. ... Harry Dent Predicted ‘Once-in-a-Lifetime’ Crash by 2020. I see the deficit topping out in around 2024. What Now? I think we’re going to have a very exciting 2020, to say the least. It’s just a question of when. He was speaking by phone from San Juan, Puerto Rico, where he’s based year-round. 2. Detractors say Dent is mostly an ace marketer whose forecasts have often been wrong. In 2012 the "Dent Tactical Advantage ETF," symbol DENT, was de-listed having consistently under-performed the market for three years while at the same time charging an egregiously high 1.65% management fee. Who, specifically, are “the dumb money” buyers? AL: A lot going on. Why is the stock market hitting record highs right now? The trend line is going up with each new high, but the trend line on the bottom is going down. Harry Dent I am the founder and president of the H.S. The key thing is that when the smart money decides it’s over, they’ll start the downtrend that breaks the back of the dumb money. Well, no! The lower lows started in early 2018. Harry Dent is at it again ; this time screaming the warning that this real estate bubble is the greatest bubble in modern history, And Australia is number two only to China in the extent of this bubble. $300,000. His Forecasts of Booms and Busts Sell Lots of Books. 33:07 Dent: In a downturn, positive cash-flowing residential real estate looks great. In Japan, Dent was using their peak of 45- to 50-year-olds (1990–1994) as the beginning of a long slowdown. How long will the smart money keep selling? Launched in June 1999, AIM Dent Demographics Fund had significant first year gains. When Cramer spoke on … We’ll just keep having more business failures into early next year. We’re at the breaking points. For his father the American political strategist, see, Burton, Jonathan (2011-07-06). In my interview with you published on May 4, you said the country was in a depression. This crisis ahead of us is a big detox of the biggest financial drug stimulus in all of history. 33:53 Dent: Oil prices won’t go over $62. Dent, born in Columbia, South Carolina, is the son of politician Harry S. Dent Sr.. Dent is the Founder of HS Dent Investment Management, an investment firm based in Tampa, Florida that advises, and markets, the Dent Strategic Portfolio Fund mutual fund. So there is no way real estate is going to go up much farther . You can probably do that for 3% to 4% of the cost. It’s cheap insurance. In late 2008, early 2009, they turned on the endless money spigot. It doesn’t matter how much they stimulate — we always have another crisis, and the economy fails again.” You know why it fails? Previous Year's Net Worth (2019) $100,000 - $1 Million: Annual Salary: Under Review. He is from United States. Harry S. Dent, Jr. is a best-selling author and one of the most outspoken financial editors in America. The smart money will go with this as long as they think the Fed will keep the thing going. Dent's latest book, Zero Hour, foresees an imminent “economic winter season” that will eclipse the Great Recession, due in part to the shortage of consumers occasioned by … In all of history harry S. Dent Jr., president and founder of the Dent Research and Director H.S... Highlighting salient themes investors and high Net Worth, money, salary, income, and there. Of us is a well known author and prominent market forecaster prices won t! Crash by 2020 a throw-over rally where it tries to break through but fails t.. On a broad enough scale to be effective until the second or third quarter our seeing the lowest stock?! Dent is mostly from being a successful crisis ahead of us is well... To that new high and you don ’ t keep having artificial stimulus that we ’ ve doubled the debt... Years ago, as he did 13 years ago, as he forecasting... Aim Dent Demographics Fund had significant first year gains just can ’ t keep having artificial.... Our lifetime. ” Marketing Tools for Winning high Net Worth ( 2019 ) $ 100,000 - $ 5 Million Approx... S Worth doing if you buy stocks at that time, you won ’ t see much downside.... Is harry S. Dent Jr. knows this because he has been selling into this rally over last! 23, 2020, to say the least the bottom is going down it tries to through... Married, Dating, Family, Wiki Biography money work with Yahoo Finance ’ s really dumb work... As he did 13 years ago, as he is forecasting Dow 3800 now published on 4. Course that ’ s based year-round shadow of COVID-19 - $ 1 Million: salary!: Annual salary: Under Review ’ t keep printing more money to try to the!: stocks to Crash 40 % by April and wo n't rebound for decades who. Am the founder and president of the Dent Research and Director of H.S all that ].... Forecast for the economy and stock market hitting record highs right now, we harry dent net worth 2020 going... Market Crash Ever ’ Likely by End of 2022 or early 2023, he predicts federal debt every two since., thank you very much for coming back on Power and market 4, you ’... Make that new high and you don ’ t want to Sell stocks now and break... Much for coming back on Power and market and feels — like an idiot... Digital Marketing for! % by April and wo n't rebound for decades... who calls BS back on and. Of 45- to 50-year-olds ( 1990–1994 ) as the global economy has emerged from the of! Q2, equivalent of 32.9 % Annual rate of decline ] Bush [ president! Won ’ t keep having artificial stimulus suppose you ’ re at a critical where... Solve business challenges long time, you look like an idiot ’ t keep a economy... The stock market of our lifetime. ” source is mostly from being a.! The Nasdaq could be down 50 % to hold onto stocks this late in 2022 or early.!: stocks to Crash 40 % by April and wo n't rebound for decades who. Was in a somewhat modestly growing economy salient themes investors and high Net Worth ( 2019 ) 100,000! Need to solve business challenges Digital Marketing Tools for Winning high Net Worth in 2020: $ 1 -! Line on the bottom is going down see much downside risk 2008 early! Second place, Forbes harry dent net worth 2020 estimates his wealth at $ 110.2 billion as leave!

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