CD ripper


I have a sizable CD collection that I would like to make DSD files from. 
Looking for a decent ripper. 
I have a pair of really old Bevridge System 3 speakers that badly need restoring so my current listening setup is:

Fostex HP A8C and Fostex TH900 headphones. About to order LS50s.  Not sure if I want to go passive or powered.

Is it necessary to spend much on a high end ripper?  Trying to figure out a budget.

Thanks!
hleeid
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EAC is king and has been for many, many years.  No reason to use anything else.
Thanks for the responses!
Is there a reasonable SQ advantage to using a dedicated hardware ripper vs. running ripper software from a laptop?

Another newbie question:  Why rip to FLAC and not DSD?
To answer your questions:
Doubtful but possible.
And pretty sure you can’t rip to DSD and a google search supports that. The better question would be FLAC or WAV, a FLAC is compressed and a WAV is not. That answer really depends on the size of your collection and your storage capabilities.