Trying to stock up on precision T&M instruments is pricey. You can always do better buying used instruments, but you need to do research on how to choose wisely. I've saved at least $100,000 purchasing used instruments and standards. I got 3 Fluke 732Bs for $10,000. New, those would have run $33,000. I have 11 6.5-digit meters, 4 Fluke 8846A, 4 8845A, 3 34401A, and 2 3458A, plus a 34420A. All those cost me ~$15,000. New they would have cost ~$32,000. That's a ~$17,000 saving. I have 3 Fluke 732As I got for $3,000 total. Their going for ~$3000 ea now.
I have 2 quad Sorensen PSU'S 15-4 each psu. With 4 of them in one unit, you can get 60V@4A, 16A@15V, and everything in between.
They're accurate to < 1.0mV, no matter how long you run them. Those go for $4800ea. I got 2 for $600, so that's a $9000 savings. I have a Lambda 0-60V 0-15A 900W psu I picked up for $100. Those went for about $40,000. So, that's a $39,900 saving. I've got 2 multiplexers by Keithley with relay cards and fast switching transistor cards. I got those for about $700. New that setup would have run $2500.
And I have ~15 Fluke handheld DMMs from the 77 to the 87-V MAX. I've got boxes full of test leads of every type. I've got shelving units full of passives, transistors, diodes, thyristors, triacs, regulators, PMIE voltage references, op amps, proto board, breadboarding kits, spools of wire from 26awg telco to 10awg3 seoow, transistor testers, cap testers, a few USB DSOs, nuts and bolts, copper plate and bar, polycarbonate sheets, old broken instruments, heat sinks, fans, thermoelectric chips, LED lights and psus, boxes of old wall warts, boxes of salvage PCBs, boxes of scrap metal, taps and dies, GPIB<>USB adapters, gpib cables and PCIe cards, boxes filled with every type of adapter and cables the obligatory shop sound system,
A 3000W UPS with external add-on battery cabinet I got for $800. Those go for $5500 from the manufacturer, and both items were new and sealed. I've got 2 PCs I made, 3 laptops, 3 tablets, 3 smart phones, all purchased used at < 1/2 of retail.
But if you think you can do better with Chinese junk, have at it. None of my stuff breaks, and I know I'm getting an accurate reading.
One word of advice: don't waste time designing and building what you can purchase for $20. Don't use Auduino. Find a niche in the market, and design a prototype for that. This shit about building a DC PSU, or building stuff from Raspberry Pi and Auduino is going to take all your time and offer nothing in return.
I design and build what the world needs. i have a design for a 1.0 Ohm +(-) 10ppm reference resistor that sells for $635. But I'm an engineer, so I have a little head start. Invention is 10% inspiration, and the other half is perspiration.
There was a guy named W.C. Fields who once said, "I fell in love with a gorgeous blonde. She drove me to drink. For that I am forever indebted to her!" He also said, "I spent half my money on booze and women. The other half I wasted."