Well, I am starting to the technical aspect of music and I have many questions.
My main goal is to record and piece together my music. I have been playing with a great looper (Boomerang) for a while now and it's got me craving more.
I began thinking of geting a mic to record ukulele and stuff. I then learned about preamps. Now I am feeling a little lost.

First the mic,
With it I will be recording acousitc guitar, ukulele, trumpet, vocals, and stupid percussion around the house. Not much singing, more just sounds and shit.
I was thinking of getting a large diaphragm compressor mic around $100.

Question 1: Is this kind of microphone i need? And am I being to cheap on the mic?