November 5, 2009 by Joshua M Brown

The “everybody’s a real estate mogul” era started innocently enough, with a distaste for the stock market after the dot com meltdown and an incredibly long stretch of time with 1% interest rates.

The leap from trading up in house size to using home equity loans for financing boat purchases certainly didn’t take very long.  With that in mind, I thought I’d share some of my observations about other potentially dangerous national pastimes currently being taken up en masse by retail investors.

These areas bear a strikingly similar resemblance to the recent real estate...