14,000 is a perfectly acceptable polish for cabs. In the opal world, a 14,000 grit is the typical final polish for commercially produced stones. You wouldn't need to go to 50,000 grit.
I must admit that I polish to 50,000 grit, and there are some people who go
up to 100,000 grit. At those grits, the stone surface is so smooth that it
would require a high quality, optical microscope at maximum
magnification to *try* to see any *polishing* marks. But that would probably be true of 14,000 polish, too. You might ask, "If you can't see it, why do it?" Because I can. It takes very little time and it can be a selling point.
Depending on the size and type of rough you plan on working, at some point you'll want to get a trim saw. In terms of the cost of the diamond cutting and polishing tools, the general relationship is: sawblades < disks < wheels. A saw makes quick work of removing unwanted material.