William Baldwin

William Baldwin

Senior Contributor|Investing

William Baldwin joined Forbes Magazine in 1980 and served for 11 years as its editor. An Enrolled Agent since 1979, he finds many of his stories at the intersection of taxation and portfolio management. But he has also written on such varied topics as the economics of hydrogen, shareholder democracy and pricing mischief from pharmacy benefit managers. His explanation of why future stock returns are destined be mediocre is here. His email is williambaldwinfinance -- at -- gmail -- dot โ€“ com.

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2,242 viewsAug 25, 2025

Five Ways To Avoid The Five Hottest Stocks

If those magnificent stocks at the top of the S&P 500โ€”Nvidia, Microsoft, Apple, Amazon and Metaโ€”make you nervous, rearrange your portfolio.

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907 viewsAug 22, 2025

The Forbes Fund Finder

There are zillions of funds. Only 199 make our Best Buy list. Quickly find what you want by using our sortable tables.

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16,796 viewsAug 1, 2025

Want To Hedge Against Inflation? Buy A Forest

Wealthy investors and institutions have put $10 billion into timberland managed by Angela Davis. Ordinary folk have to settle for shares of timberland REITs.

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8,377 viewsJul 26, 2025

The Best Brokers For Saving On Capital Gains Taxes

Wealthfront beats out Fidelity, Schwab and Vanguard when it comes to direct indexing and tax loss harvesting.

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2,581 viewsMay 31, 2025

Is Your Broker Gouging You? Use This Guide To The Best Buys In Money Markets

Some short-term Treasury ETFs beat money-market funds. Hereโ€™s a sortable list.

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11,431 viewsMay 24, 2025

How To Use Gold And Other Hard Assets To Hedge Against Inflation

A diversified commodity or precious metals fund might suit your needs. But watch those feesโ€”and the wacky tax treatment.

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6,238 viewsMay 17, 2025

Why Small Cap Stocks Are Ready For A Rebound

The market is priced at 21 times earnings. Small value stocks are priced at 13 times.

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25,011 viewsApr 27, 2025

Itโ€™s Time To Buy Muni Bond Fundsโ€”Hereโ€™s Why And Where

This guide to tax-exempt bond funds has 40 Best Buys

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7,107 viewsApr 23, 2025

The Health Care Stock Fund With An Ulterior Motive

Virologist Michael Taylor does volunteer work helping cancer patients. His task: picking medical stocks.

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68,179 viewsApr 4, 2025

The Market Is Crazy. Buy These Stock Index Funds

Guide to 52 Best Buys in domestic stock index funds.