Last updated: 2008.05.02
Working with electronics has a strange dilema. Building curcuits need a lot of components of varying values. There are thousands to choose from, and you never know if you need something that you don't have on hand. The components themselves are cheap (1 cent, 20 cents) but you cannot just run down to your local hardware store to buy them. These days the only source is mail order, which take time.
So we need to stock up. But what to stock?
Note that capacitors of smaller values, up to 0.1uF, are available as cheap ceramic disc types. For higher value, you can either go with aluminium radial electrolytic types, or more expensive but smaller (size) tantalum types.
Switching Diodes are used when you have to layout switches and keyboard matrix. Just get the cheapest 1N4148 available.
Transistors? We are old school... Actually, they are useful when you need to drive something with higher current. One example is that if you want to add an indicator LED in parallel of a signal path, you do not want to "waste" any current in the signal path, so you have to switch a LED using a transistor. The 2N3904 NPN transistor is the standard choice.
Who doesn't like LED's? blinking lights are what make DIY electronics fun. Since they are much cheaper if you buy in bulk, I order these in 100 quantity.
There are some digital IC's that are fun to use.
The information came from lots of googling. Some particularly useful pages are: