Byron Moore

Byron is a Certified Financial Planner and Managing Director of the Planning Group at Argent Advisors, Inc.

Byron has been in the financial services industry since 1982 and a Certified Financial Planner® practitioner since 1991. His financial columns have appeared in three North Louisiana Newspapers since 1993. His Money Matters television segment aired weekly on KNOE TV's Good Morning Ark La Miss from 1995 through 2010.

With 30 years of experience in the financial services industry, Byron designs and implements financial plans that seek to protect, grow and enhance the enjoyment of his clients' wealth.

In addition to financial planning, Byron provides asset management services. Insurance services are offered through the affiliate Argent Insurance Services. Trust services are offered through the affiliate Argent Trust.

Byron and his wife Melinda have four children. They are why he smiles a lot.

Hamza Butt / Flickr.com https://tinyurl.com/y8zjkqpr

Have you ever read or heard that on average you’re going to need 70% of your working income in retirement.

Be careful when mixing averages and real life. If I put one foot in a bucket of ice and the other foot on a hot stove, on average, I’m comfortable. But in real life…

There are four things you need for a financially and emotionally (yes the two are linked) healthy retirement:

houston, i am the problem / Flickr.com https://tinyurl.com/ybmqehvm

If you find that you and your spouse argue a lot about money, the good news is that you aren’t unique. Approximately half of all divorces can be traced to money problems.

I am crazy in love with the woman I married thirty-two years ago. But, hooo-weee have we had some knock-down, drag-out fights. (OK, for the record, she has never knocked me down or dragged me out. That was just a figure of speech.)

DennisM2 / Flickr.com https://tinyurl.com/y84at5k3

I ran across an article some time back with the headline, “When a million isn’t enough: why bankers struggle.” The million wasn’t their savings – it was their annual income. And (fighting back sniffles here), it apparently isn’t enough.

“It’s really not that unusual to find Wall Street bankers who are close to declaring themselves bankrupt,” said Gary Goldstein, co-founder of U.S. search firm Whitney Partners. “Some people are really struggling.” And on and on the story went.

I know, I know…my heart is breaking too…

Financial Organization

Sep 7, 2017
Jen Kim / Flickr.com https://tinyurl.com/yc778sa7

Ever wonder where to start when that nagging feeling hits you that say, “I’ve GOT to get financially organized!”

Let’s not do this: straighten up all the unopened bank statements and investment account reports on your desk and call that financial organization.

That’s just making your mess look neater.

For something to be organized, it has be ordered, structured toward some purpose and well thought out. To do that, you’ve got to know what you have, where it is, why you have it and contact information for each separate service provider.

Time to Invest?

Aug 30, 2017
Sam Valadi / Flickr.com https://tinyurl.com/y87j2d4q

As I am recording this, the Dow Jones Industrial Average stands at about 21,500. Higher than it’s ever been.

Is this good news or bad? The answer, of course, is yes…good news for the person who has been invested in the markets for the past five years. Five years ago the market was about 15,000. Not so good news for the person now wishing they’d gotten in “early.”

Unfortunately, that train has left the station.

Kurt Bauschardt / Flickr.com http://tinyurl.com/mqzomkr

We love it when things are convenient.

There’s a new car wash place that has opened up in my town. They say I can just drive through, never get out of my car and have a clean ride in just four minutes. I think I’ll give it a try. I mean, four minutes and never get out of the car – that’s convenient. And if it’s still dirty after I give it a try, I guess I’ll go someplace else and get it done. No big deal.

But convenience has its limits.

Johannes Jander / Flickr.com http://tinyurl.com/lr3hdpl

So you want to start a family soon.

Both of you work now, but you’re considering the possibility of Mom being able to stay home once the family starts. Interestingly enough, the research is showing that more and more Millennials are making this choice - even more so than their parents did.

Even if this isn’t the choice all of your friends are making, let’s say this is what YOU really want to do. Can you do it?

Answer: Well one thing’s for sure – you can’t … and be like your friends.

Henry Burrrows / Flickr.com http://tinyurl.com/lpxr9pk

What’s the best way to start saving money?

Start saving money.

The most important step to saving money is to start. The second most important step is to keep going. The third most important step is to not rob the bank.

The late great John Savage used to draw two circles side by side. Inside the circle on the left, he would write “spend / save.” In the circle on the right, he would write “save / spend.”

Mario Mancuso / Flickr.com http://tinyurl.com/mtsrkc5

Sometimes the dumbest thing you can do is not ask a stupid question.

Maybe you have no idea where to start in thinking about retirement planning. And so you think asking about it might be a so-called stupid question.

Well, if that’s you, it isn’t a stupid question – it’s a good one.

So congratulations for just asking! Asking is the first step to gaining wisdom. Acting on what you’ve learned is the second (and most important) step.

Craig Sunter / Flickr.com http://tinyurl.com/lh4s7zg

Two sisters are fighting over Mom and Dad’s estate. Now, mind you, Mom and Dad are still alive and kicking.

One sister thinks Mom and Dad should give away most of their assets so they can qualify for Medicaid if one or both have to go to a nursing home. The other sister thinks that is a terrible idea and tantamount to bilking the government out of money.

So they come ask me what I think.

I think that when it comes to settling arguments between sisters, I usually try to speak out of both sides of my mouth, then duck.

Pages