Noted financial advisor asks us to take a look at individuals to measure the overal economy in the U.S.

Grand Rapids, MI -- (SBWire) -- 09/22/2010 -- In his monthly newsletter Moving Markets, financial advisor Dennis Tubbergen often discusses such issues as the economy and unemployment. In his August 2010 edition, Tubbergen talked about the financial problems Japan has experienced for some 20 years because of the high number of people who were not working and living on a pension or other type of savings or fixed income. The problem? Tubbergen believes the U.S. may now be undergoing the same kind of crisis.

Tubbergen, a noted financial advisor and CEO of USA Wealth Management, LLC, a federally registered investment advisory company, asks, “Could the problems that have existed in Japan and the problems that we’re now experiencing here be more demographic in nature? After all, Baby Boomers typically spend money, consume, and invest in equities until they reach retirement age.”

Then the spending and consumption typically subsides. According to Tubbergen, Boomers in the U.S. are no longer spending or investing in equities the way they used to. They have ‘aged past’ their accumulation years and are now in their capital preservation years.

Tubbergen refers to an excerpt from Seeking Alpha that discusses the financial demographics in Japan and how the current situation in the U.S. is beginning to look similar. He quotes the excerpt as saying, “The explanation for this 20-year-long depression is that the Japanese, instead of fixing the problem, tried to hold a brave face and sweep problems under the carpet.”

Tubbergen feels the U.S. must face its economic realities, whatever they may be.

According to a September 16, 2010 article in The New York Times, the Census Bureau recently reported that the number of Americans living below the poverty line hit a 15-year high in 2009.

“The financial health of our citizens can be used to gauge the overall health of our economy,” concludes Tubbergen. “And right now, a large percentage of our citizens are not financially healthy.”

For more information on Dennis Tubbergen’s views, visit http://www.dennistubbergen.com.

The opinions expressed herein are those of the writer and not necessarily those of USA Wealth Management, LLC. This update may contain forward-looking statements, including, but not limited to, statements as to future events that involve various risks and uncertainties. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual events or results to differ materially from those that were forecasted. Therefore, no forecast should be construed as a guarantee. Prior to making any investment decision, individuals should consult a professional to determine the risks, costs, benefits and fees associated with a particular investment. Information obtained from third party resources is believed to be reliable but the accuracy cannot be guaranteed.