It used to be a major rite of passage for a hardware hacker to acquire an oscilloscope. Until recently, new instruments were rarely in normal people’s budgets, so you probably made do with a used scope. Now, there are lots of inexpensive options, especially if you include low-end PC scopes and “scope meters.” Digital meters are also now inexpensive (often free at some major stores), along with signal generators, frequency counters, and even logic analyzers.
But there is one piece of test equipment you don’t see as often as you used to and its a shame, because it is a very versatile piece of kit. Admittedly, if you aren’t doing wireless work, it might not be high on your wish list, but if you do anything with RF, it is not only a versatile tool, but a good value, too. What’s it called? That depends. Historically, they went by the name “Grid Dip Oscillator” or GDO. Sometimes you’d hear it called a “Grid Dip Meter” instead. However, modern versions don’t have tubes (and, thus, no grid) so sometimes you hear them now called dip meters or maybe just dippers.