Harje Ronngard

Harje Ronngard is the lead Editor at Money Morning. He’s also the Editor of Wealth Eruption and Gold & Commodities Stock Trader, and co-Editor of the Third Wave Portfolio.

The aim of both Wealth Eruption and the Third Wave Portfolio is to find misunderstood opportunities. These are the type of investments that multiply small amounts of money five- to 10-times in size.

Harje has an academic background in investments and valuation. He’s had experience across a range of asset classes, from futures to equities.

For any investment, Harje believes you only need to ask two questions. What is it worth? And how much does it cost? These two questions alone open up a world of opportunities, which Harje shares with Money Morning readers five days a week.

Dear Reader, What Does Your Spending Look Like?

We need our government to spend more money it doesn’t have on infrastructure. It should create new jobs, and the income from that needs to be spent in the economy, spurring on businesses to borrow more at record low interest rates to increase production.

Play the Game and You Might Get Rich

I’m beginning to think Australia is just one giant game of Monopoly…Pass GO every fortnight or month, depending upon your employer, and receive $200.Try to buy up every Australian property in sight…even the cheap disgusting ones.Speculate on which side of the board you’d like to control...

When Interest Rates Stop Working

If the academics have found anything, it’s that interest rates have little bearing on growth at all. In his 2018 Reconsidering Monetary Policy paper, Richard Werner finds the relationship between interest rates and growth is actually positive…meaning interest rates and growth move together.

Where Are Stocks Heading from Here?

What we might end up seeing is a level playing field for all. What I mean by that is costs for producing goods in Australia might be as low as they are in China. In such a world, where machines do the work, labour costs become redundant. And thus, producers in Australia can compete with those in China.

Aussie Tech Will Implode

Fund manager Ray David recently pointed out in a LinkedIn post that Aussie tech/software values are now trading at similar multiples to five of the richest Nasdaq stocks in 2000…

Who Will be the Winners of the EV Industry?

Let’s take a quick trip to China. Where the cities are crowded, the air is average at best and there are EV start-ups everywhere. As of March this year, there were 486 EV manufacturers in China. And guess who have been the stars of China’s recent stock market listings?
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