For years, I’ve mostly ignored the statements that the Social Security Administration (SSA) sent me. They were just numbers.
When you’re far away from retirement, the numbers look like a Jackson Pollock painting: They seem really abstract. This year, though, I was paying attention and noticed considerably more detail in my Social Security statement.
For one thing, the “Thinking of Retiring” newsletter/statement that the SSA sent me contains a lot more useful detail. It breaks down my estimated benefit by retirement age, lists my earnings record and even tells me how to reap a higher benefit (retire later).
No matter how old you are, you should know some key facts about Social Security. The most essential one is that it typically only covers 40% of your pre-retirement income. For most folks living in urban areas, that’s hardly enough, so you’ll need to save much more in 401(k)s and other retirement vehicles.
learn about the stock market: Globalstar Inc.(GSAT)
- [By Nicholas Rossolillo]
Globalstar (NYSEMKT:GSAT) has been growing its total sales, but still struggles with its bottom line. 2016 revenue increased 7%,but another round of financing could be needed to keep things afloat, as operating margin is still deep in the red. The company is making some headway, but time could be running out for the satellite communications provider.
learn about the stock market: Attunity Ltd.(ATTU)
- [By Jim Robertson]
On Wednesday, ourUnder the Radar Moversnewsletter suggested small cap Big Data stock Attunity Ltd (NASDAQ: ATTU) as a short trade:
“Attunity has also been on the watchlist for a while. It’s a straight-up momentum play Well, straight down momentum play. We’re just getting on board the train after a brief lull in the downtrend. This one isn’t going to be a monster-sized winner, but it’s a high-odds, low-risk trade.”
learn about the stock market: CTI BioPharma Corp.(CTIC)
- [By Ashley Moore]
Here is a list of the top 10 best small-cap stocks based on price gains per share so far in 2017:
Company (Ticker)Price per Share% Change AquaBounty Technologies Inc. (Nasdaq: AQB)$14.338,646.99%Rennova Health Inc. (Nasdaq: RNVA)$3.133,333.73%China Gengsheng Minerals Inc. (OTCMKTS: CHGS)$0.021,718.18%Sunshine Heart Inc. (Nasdaq: SSH)$3.851,071.43%CTI BioPharma Corp. (Nasdaq: CTIC)$4.30991.76%Catalyst Biosciences Inc. (Nasdaq: CBIO)$6.22853.85%TearLab Corp. (Nasdaq: TEAR)$4.20707.85%Pulmatrix Inc. (Nasdaq: PULM)$3.86566.10%Real Goods Solar Inc. (Nasdaq: RGSE)$1.43498.75%Calithera Biosciences Inc. (Nasdaq: CALA)$11.70281.54%
learn about the stock market: Myers Industries, Inc.(MYE)
- [By Lisa Levin]
In trading on Tuesday, basic materials shares fell 0.63 percent. Meanwhile, top losers in the sector included Myers Industries, Inc. (NYSE: MYE), down 7 percent, and CF Industries Holdings, Inc. (NYSE: CF) down 6 percent.