Upgrading what?

Every audiophile has their own purchase sequence in the upgrade cycle. This is how I did it and it worked just fine.

Speakers
Power amp
Preamp
Source (CD player)
Interconnects
Speaker wire

Save your money to buy better equipment so as to avoid frequent replacement. Buy good used equipment when possible. I bought from Audiogon with great success.

Good luck.

Hi Eric

I agree with Hank, find speakers that are a good match for your room, taste and budget. Next find an amp that will mate with the requirements of your new speakers.

Many people would start at the source and work the system from that end, this requires much more experience than most novice system builders have yet attained IMO and can cost much more for the same results.

Dave

I agree with me. Start at the source and work your way back to the speakers. The Njoe Tjoeb seems to be what you want for the source so next get good cables to use on the CDP. Then buy the best pre-amp you can afford/find/settle for. More cable, then the amp, speaker cables, and speakers. This will let you hear the difference. Speakers are a huge personal thing. Some people act like picking speakers is like picking a wife (that sure trivializes her!!!) but if everything is in place first, it is much easier to pick the speakers.

There isn't really a wrong way of buying things. Maybe you should do it like the NFL draft and get the best of what is out there at the time you are in the market. It might be more exciting that way. When you leave the house for the Audio Salon you never know what you'll end up with. It's kinda crazy but...