Or if there is a 3rd option I'm missing please indulge me!

Life for me isn't really all about what I see as the self-indulgent hedonistic goal of non-stop travel and sipping Appletinis on the beach.

It is possible to build wealth and still indulge a little once in a while, but while everyone else buys luxuries first and saves/invests the remainder, those who are financially successful invest first and buy luxuries last.

Some have indulged in lavish lifestyles at the expense of investors, neglecting their fiduciary duties.

Stage 1 - $5000/mo passive net in 2 to 3 years(40%+ there now); Stage 2 - $25k/mo and leave work force before hitting 55 and indulge in some fun cars (not exotics, but fun ol' skool stuff I never got to get when younger i.e.

I was able to indulge my dream years ago.

Question on whats a good return or not goes from investor to investor. 10% could be good compared to the next guy/gal that wont indulge unless its 15%.

They indulged in luxurious residences, high-end vehicles, and extravagant vacations, all while their investors faced mounting financial losses.

However I read “miracle morning” so I only sleep 2 hours a night, and now I can make a little time for wasteful indulgences like BP

We love real estate because what it can do for us and provide us and that includes indulging every now and then.