Just to give you an idea of the tooling I got IN ADDITION to the very robust "starter" package that came with my machines.

Sherline 6200DROB Mill and Lathe. You can see everything it came with here http://sherline.com/product/6200-dro...-shop-dro-pkg/.


ADDITIONAL TOOLING


Compound Slide (#1270): For tapers, angles, etc


Thread-cutting Attachment (#3100)


Carbide Threading/Grooving Insert Tool Holder (#2267)


55° Carbide Insert Holders


Bullnose Live Center for tube and pipes


Compound Slide Riser Block (#1272): for large OD


Tailstock Riser Block (#1292): for large OD


Headstock Spacer (#1297): for large OD


Carbide Inserts threading


110 VAC Power Feed (#3001)


3.1" 4-Jaw Chuck (#1030): Better work holding.


Carbide Inserts grooving (#2270):


Quick Change Tool Post Set


Dial Indicator, Test Indicator, Magnetic Base & Point Set: A must!


Universal Arm for Indicators, Mini

2,3,4,6" Machinists Work Shop Squares Sets


3/8" Indexable Carbide Turning Tool Set


Machinists Handbook


Good calipers


Good micrometer


Good steel rule


Lighted Optovisor


Machinist level


Various oils, grease, and cutting fluids


Drill bits


Scriber


Center finder/wiggler


I've probably forgotten somethings and I still need more to do some things properly.


Hope this helps to give an idea.


For the machines you want to pay attention to capacity and power specs.


And for future knowledge, the common tools for lathes are called tool bits or cutters.