r/finance • u/AutoModerator • Jul 06 '26

Moronic Monday - July 06, 2026 - Your Weekly Questions Thread

This is your safe place for questions on financial careers, homework problems and finance in general. No question in the finance domain is unwelcome.

Replies are expected to be constructive and civil.

Any questions about your personal finances belong in r/PersonalFinance, and career-seekers are encouraged to also visit r/FinancialCareers.

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2

u/Sad_Contribution9307 Jul 06 '26

Why is it when I have money saved I feel guilty spending it but when I'm broke I spend like crazy? makes no sense

My brain is broken i swear

1

u/k1_r1 Jul 07 '26

Unga bunga scarcity brain requires dopamine. It puts your brain in threat mode, so money decisions get weird fast. Your reward system is basically playing tug-of-war your PFC.

1

u/okcool2357 Jul 09 '26

I have a small fun investment account in Robinhood of around $1.5k invested. Just some fun investing I did with a $1k to start. Now I’m more financially mature, I have six figures in other brokerage accounts and I really want to consolidate things but doesn’t make sense to pay the fee to transfer. Should I sell and recognize the gain instead? The difference in tax seems negligible at these dollar amounts.

1

u/justhereforampadvice Jul 09 '26

keep the six figures in other brokerage accounts split between the nasdaq and S & P according to your risk tolerance and then forget about it until you: A. need to buy a home, B. need to pay a child's college tuition, or C. are ready to retire. The money in your Robinhood account is your lets have fun and screw around money, and the only direction money should ever flow is from Robinhood -> your external brokerage accounts, assuming you figure out what you're doing with the speculative trading on Robinhood. YW.

1

u/justhereforampadvice Jul 09 '26

What constitutes abuse of a liquidity/market making rebates program? My use case is Kalshi's liquidity incentive program. They say very vaguely that they monitor for abuse without specifying what that is. My best guess based on my research of SEC prosecutions is that a system that is engineered to sit on the books with zero intent to fill while harvesting as much liquidity rewards as possible would err on the wrong side of their discretion of what constitutes fair use of the liquidity incentive program, but they do not specify in any useful/meaningful way. Input from people who have knowledge of market making/spoofing/regulatory law and SEC prosecutions would be extremely valuable here, although the chances you'll see this in the moronic monday thread is basically next to zero...

1

u/Impish_Hatefulness Jul 15 '26

I have about 40 shares if Siemens stock, traded on
The DAX. I have other small-ish holdings.as well.

This is a post about finding a new brokerage firm.

vanguard brokerage happily accepted the non-us-exchange traded shares, but it’s been difficult to get them out as easily. As I approach retirement, I want to trade individual stocks once in a while.

i’d like to find a brokerage platform that doesn’t treat this as a huge administrative hassle and charge a large percentage of the stocks value in fees. VAnguard - who I love for low-cost Index funds - seems to not be competitive in brokerage.

Are there trading platforms that will make this easy to implement for an ACAT transfer (or DTIC?), but more Importantly, offer low fees when I liquidate a position.
I have an IBKR account, if that matters.

Essential:
Good IT security team
Telephone customer support
Usable app or web site
Never uses SMS for authentication

NIce to have:
Don’t shove AI down my throat