Whether you are just getting started in electronics or you have boxes of parts, it is good to know what are the most critical parts to have in your kit. James asked the element 14 community for what they considered to be essential passive components like resistors, capacitors, switches, wires, and even diodes. In this video, he consolidated their puts and explains what to think about when buying these parts for your kit.
Learn how to use an LCR meter, such as the Tenma 72-10465, to measure reactive components. An LCR meter uses an AC signal at different frequencies to characterize capacitors, inductors, and even resistors. They can also provide impedance measurements. These include phase angle, ESR, quality factor, and dissipation factor. You can even use the 72-10465 to sort components by their tolerance range.