SO....you want play in the with cool stuff (long)
If you are serious, and you want to do it all take a welding course! It will teach you what requirements your equipment will have to meet. This will guide you in your selection based on need and budget. Ask around for recommendations on brand and perfromance.
Mig welders start at $150 (discount store) and go up. Price will depend on:
Power output (amps)
Duty cycle (weld time on/off)
Configuration
Wire size (Spool and wire dia)
Wire drive type (push/push-pull)
for alum. a mig gun
Input voltage (110v/220/dual-115 or220v single phase. 220/240/460v 3 phase)
IMO 110v is totally useless in a manufacturing environment (not enough as*)
My MILLER DVI was $1200+ out the door ready to weld.
Tig's are cool (not really in fact they can get really really hot)
they are precise, versitile, but slow.
if its not junk (pot metal) ie steal,alumn (most alloys),Stainless, copper, titainium, brass, bronze it can be done.
How ever...... they are not cheap.
Start out at $500+ price depends on much the same as the Mig in regards to:
Power out, power in (some have auto switched multi - input voltage/phase capability)
Functions; Pulse, AC, DC, AC/DC,High Freq., programable.
(Tig machines also function as a Stick welder)
Torch type (air or water cooled)
Water cooling is seperate unit and different (more expensive) type of torch.
The technique is very similar to oxy/acet torch welding.
With both of these types of machines there are materials that are used up during the weld process.
MIG- wire by the roll 1# to 30#+, Gas Argon/CO2/Special mix gas, torch tips ect.
TIG- wire straight (usually 36") 1# tubes or bigger. Gas- argon, CO2, mixed gas helium/o2/co2 various mixes and ratios for specific applications.
Tungsten various . torch cups and other pieces.
Stick - welding rod
Oxy/acet cutting and welding outfit definitly! many uses.
other stuff ; grinders/sanders, band saw/chop saw (for metal)
Several good fire extinguishers!
Decide what you want to/can do. Shop around on-line, pawn shops, other used equipment outlets.
Don't get discouraged, it takes lots of practice a good amount of money and a will to make it, a smattering of natural ability doesen't hurt either.
Good luck, MikeH