September 1, 2026
Investor
Risk & Reward
Last month, we explored the Efficient Market Hypothesis (EMH) and why consistently picking winning stocks in advance or successfully timing the market is so difficult.
Read on SubstackEducational newsletter
Purpose & Pennies
Purpose & Pennies is the educational platform of Purpose Capital LLC. Through essays, commentary, and practical financial insights, the publication explores investing, behavior, retirement planning, and the real-life decisions that shape long-term financial well-being.
The goal is not to predict markets or promote financial products. Instead, Purpose & Pennies focuses on helping readers think more clearly about money, risk, goals, and the relationship between wealth and purpose.
Recent essays
Latest from Purpose & Pennies
Recent articles include a category to provide readers with an expectation of the depth of each article:
- Essential: Core concepts and foundations. Perfect for new investors or as a quick refresher.
- Investor: Strategic analysis. Exploring how different financial concepts and strategies interact.
- Specialist: Deep dives. Technical data, advanced strategies, and nuanced trends for experienced readers.
August 1, 2026
Investor
Efficient Market Hypothesis
In January of this year, I wrote an article about Passive Investing, noting that investors have historically been more successful with a buy-and-hold strategy than most active trading investors.
Read on SubstackJuly 1, 2026
Essential
Making Trades
Personally, I favor a buy-and-hold strategy.
Read on SubstackWhat Readers Can Expect
Topics may include:
- Investment principles and portfolio behavior
- Retirement planning concepts
- Financial decision-making frameworks
- Behavioral finance and investor psychology
- Long-term wealth stewardship
- Commentary on financial topics and trends
- Educational explainers for DIY investors
The publication emphasizes clarity over complexity and education over prediction.
Advisory services
Individualized Financial Guidance
If you are looking for guidance specific to your own circumstances, Purpose Capital provides individualized financial planning and advice based on your goals, needs, and financial situation.
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Purpose & Pennies is available on Substack.
Follow along for future essays, educational content, and reflections on investing, financial planning, and purposeful wealth building.
Educational Note
The Purpose & Pennies newsletter is provided for general educational purposes and should not be interpreted as individualized investment advice. Advisory services are provided only under an advisory relationship with Purpose Capital LLC.