This is my selection. I’ve had the opportunity to retool once. The first time bought cheap and second time the best of breed. My advice to novice, get the best first and skip the frustrations and cost to replace later.
This is a sampling of my hand tools and small power tools. For any beginner, you will quickly realize that the serious money is in hand tools and accessories. For example, my collection of hand planes would easily buy a band saw, drill press and jointer. My shaper cutters and router bits far exceed the cost of a new table saw. In wood-turning, the accessories and gouges alone can amount to as much as the lathe. The acquisition of all those happened over time as I took on new projects and acquired new skills.
Original work requires many “one time only” jigs to shape, bend and cut components. Some tools, not available commercially, are also created for specific tasks. Here are some examples.