Harry Shuler Dent Jr. is an American financial newsletter writer. His 2009 book, The Great Depression Ahead, appeared on the New York Times Bestseller List.
Profile Summary
Full Name | Harry Shuler Dent Jr. |
Gender | Male |
Date of Birth | May 12, 1953 |
Nationality | American |
Professionalism | American financial newsletter writer |
Notable book |
The Great Depression
|
Net Worth | $5.8 million |
Who is Harry Dent?
Dent is believed to be the son of politician Harry S. Dent Sr. He was born in Columbia, South Carolina. He resides in San Juan, Puerto Rico.
Professional Life of Harry Dent
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. Dent is also the president and founder of the Dent Research and director of H.S. Dent Publishing.
Dent writes and markets an economic newsletter that reviews the economy in the US and around the world by focusing on generational consumer spending patterns, as well as financial markets. He has written eleven books, two recent ones being bestsellers. His most recent book, The Sale of a Lifetime, was released in September 2016.
Harry Dent Net Worth
Reports as regards Harry Dent’s wealth suggest placing his net worth around $5.8 million. Most of that money comes from his investment firm.
Conclusion
The basis of Dent’s investment thesis, spending wave theory, is that consumer spending related to the generational formation of families has a profound effect on the market value of investments such as financial securities, real estate, and gold. Dent’s spending wave theory posits that young adults spend little within the greater economy, and spending increases while they rear children. It peaks as children leave home and then slows during the last 15 years of working life (48–63). According to Dent, the decreased spending patterns of the current generation of US baby boomers entering retirement will cause a pronounced downturn in the greater macroeconomy and an associated decline in the value of financial markets.