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Hello guys,
I'm an idiot looking for some advice.
I really believe in uranium as the only real way to combat climate change - I know that eventually it will pick up more steam and I planned to be in this for the long haul.
However, due to a string of unfortunate events (medical and home related) I am struggling to pay off some debts.
Now, I'm not so much looking for financial advice as I am just looking for some advice as to my investments.
I unfortunately bought in during the height last year at around these levels;
URA $28, URNM $41, DNN $1.67, UUUU $8.
It seemed a good idea at the time, and they did go way above the prices I paid - but I didn't understand at the time that the market was artificially pumped by the government.
I've held off as long as possible, and things have started to recover somewhat - but as you can see I'm still hammered pretty hard on all investments.
In a pinch, what would you say is the best to liquidate should I need these funds to survive?
I really thought UUUU was the best option, but for some reason it seems to lag behind everyone - and it seems like the highs of $11 per share that I saw after buying it are just a pipe dream for the time being.
Again - not looking for financial advice, just looking for advice on these stocks that I am invested in, as I may need to sell some (not all) sooner rather than later as I have unexpected medical bills piling up, my roof needs replaced after storm damage (damn deductibles), and my car also needs something fixed.
I was prepared for one maybe two emergencies - but being hit by 3 has made me think I need to dip into one of these and take a loss for the time being.
I'm trying to hold out as long as possible as I know long term this is an excellent play, once countries finally realize it is the only meaningful way to combat climate change.
Thank you for your time.
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- 1 year ago
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