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(iStockphoto/iStockphoto)

When responsible saving becomes financial hoarding

A 36-year-old makes as much as $130,000 in a day, yet still lives at home. He buys sandwiches late in the afternoon to save 75 cents. He organizes his life around commuting only in cheaper off-peak hours.

Impressive frugality? Or something far more complicated?

That’s Navinder Singh Sarao, the trader/skimper who allegedly contributed to the 2010 market “flash crash.” Few of us would go to such lengths to save money. But what if you just keep 20 per cent or 30 per cent of your assets in cash? Or hold on to an investment you know you should get rid of, but your late father gave it to you and you can’t seem to sell it?