Each week you'll learn how to be a better dividend investor and follow the journey of a welder with a passion for passive income to $1,000,000 and beyond.
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⛪️ Investing in Cathedral Time!
Published 1 day ago • 3 min read
Here's your weekly helping of interesting investing information and insights.
Opinion
I recently hopped on The Deep End podcast with Ryne Williams and Ari Gutman and talked about "Cathedral Investing." Standing outside St. Paul’s in London last Spring, I had a revelation: the people who dug the foundation in 1087 knew they’d be dead long before the roof was finished. They were "Ghost Architects" building a masterpiece they’d never actually sit inside of.
In investing, we’re doing the same thing. Your early contributions are the stones in the mud—they aren't "sexy," but without those you will never have the beautiful stained glass windows. You have to spend years in the "boring middle" stacking stones while the world screams for instant results. But if you stick to the blueprint, you eventually move from the mud into the "sanctuary"—that point where your portfolio becomes a legacy that protects your family for generations.
Next time you see an old cathedral, let it be a reminder: the world wants "right now," but the things that actually last are built on "Cathedral Time."
What I'm Reading
This article is a good reminder that investing with the crowd often feels comfortable, but comfort rarely leads to great results. If you want to spot opportunities others miss, you have to be willing to think independently instead of just following your “team.” [Link to article]
Quote I'm Thinking About
"Stay in the game long enough to get lucky." - Capital Cities CEO Tom Murphy
I re-read The Happiest Man on Earth by holocaust survivor Eddie Jaku and listened to this TedX talk when he was 99-years old. You gotta check it out and hear his tips on how to be happy. If he can do it, then ALL of us can do it!
The always motivational and educational Morgan Housel hung out with the MFM guys and dropped his wisdom. My favorite takeaway was Morgan's realization that money is a tool that can be used for two things... to make the lives of those around you better or as a measuring stick. It's up to you decide how you want to use that tool.
Disclaimer: This is not investment advice. Do your own research before making any investment decisions.
😁THANK YOU to all who responded to the last newsletter!!
And now, here is this week's portfolio activity...
Dividends Received This Week ~$0
Dividends Received 2026 (Schwab Only)~
$318.74
Stocks Sold (AVERAGE)
5 Uber Technologies (UBER) | $83.50 / I just didn't feel the conviction enough to buy more shares and wanted to send more money to the ROTH. Made ~4/share in a few weeks. If this drops to the low $70s, I'll reconsider vs what other options are available.
5 iShares Core Dividend Growth ETF (DGRO) | $70.71 / This was another exploratory position that has a bit of overlap at the top with VTI. Also wanted more international exposure/income through IDVO.
Stocks Bought (AVERAGE)
4 Amplify Intl. Dividend Income ETF (IDVO) | $41.73
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Each week you'll learn how to be a better dividend investor and follow the journey of a welder with a passion for passive income to $1,000,000 and beyond.
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