New preamp or up grade my cartridge and or phono amp?


I have an Emotiva XMC-1 with a Rega P6 TT a Rega MCFONO phono amp and a Rega Ania cartridge. If I'm running the Emotiva in the "reference mode", would it make more sense to up grade the cartridge and phono amp (maybe even the tonearm) or add a new preamp with a HT bypass

thegreenline

I'm probably going to go with a Rogue RP-1 and Schiit Bifrost 2 DAC. 

Thanks everyone for the suggestions and preamp info 

I purchased a Rogue RP-1 (thanks Mike/chedga, great guy would buy from him anytime, he even included a pair of Philco 1956 NOS tubes-haven’t tried them yet), and borrowed a Schiit Bifrost 1. Loving my 2 channel audio even more. My daughter got me the Dan Fogelberg Carnegie Hall CD. I’m not a huge fan of artist playing solo and this CD  wasn’t any different. Until I played it with the RP-1 WHAT A DIFFERENCE, will probably buy the LP. Same with LP's, tried the RP-1 phono amp using a Rega P6 with Ania MC cartridge can’t say how it sounded because there was hum I couldn’t get rid of. Went back to using the Rega MCFONO phono amp, no hum sounded GREAT. Not sure I’m going to go down the tube rolling rabbit hole or if I’ll upgrade the Bifrost to a newer model, probably going to buy the one I’m borrowing from my friend, if he’s interested in selling. Big thanks to “soix” for the dedicated preamp explanation.

I’ve now spent several months with the Rogue also added a Topping D90SE DAC (got a good price from a friend). Thanks everyone for the advice and suggestions especially soix the explanation about passive preamps really helped. Anyone have any advice on how to hook up the subwoofer, I have a SVS SB3000 sub. My understanding is that to take full advantage of the LFE signal during movies I have to run a cable from the XMC-1 sub out to the LFE input of my sub. But then I can’t use the sub for 2ch listening. I’ve talked to Rogue they say I can run cables from the 2nd output of the Rogue to the sub line level inputs (disconnect the LFE cable) and when the Rogue is in HT bypass mode, it will pass the low level signal from the XMC to the sub. But will this signal be a true LFE signal (is there even such a thing?). My front speakers are powered with a 350 watt sub in each. Before I got the SVS sub I used them as dual subs worked well enough but I like the SVS sub much better. The only other solution I can think of is run both cables and unplug and plug in the ones I need depending on if I’m watching Movies/TV or listening to music. Or is there another option? One last thing now that I’ve heard the difference between the Emotiva XMC-1and the Rogue. I may have to do some contract work after retirement to finance more upgrades