"I have collected $1000 so far but am not sure if this would be enough to get a good setup. I do not mind saving up if I have to."
I hope this doesn't come off as too presumptuous. Typically in audio, the newbie's ear grows in its sophistication just as his system does. You're not the typical newbie, and even if you hadn't disclosed that you are a musician, it should be obvious from your posts, that you already have a discriminating ear. I would be surprised if $1000 would be enough for you. You're on the steep part of the return on investment curve. IMHO
I hope this doesn't come off as too presumptuous. Typically in audio, the newbie's ear grows in its sophistication just as his system does. You're not the typical newbie, and even if you hadn't disclosed that you are a musician, it should be obvious from your posts, that you already have a discriminating ear. I would be surprised if $1000 would be enough for you. You're on the steep part of the return on investment curve. IMHO