Hello, my name is David and I am NOT a test equipaholic.
I love this and it is not bad for me.
I have just started my journey. Began by scrounging the local university surplus center for enclosures to house a dim bulb tester and isolation transformer. Got some gigantic electrolytics from inside one of 'em.
I had zero test equipment beyond a no-name handheld multimeter.
Now I also own a (possibly broken) EICO signal generator, a (possibly broken) HeathKit capacitor checker and a (possibly broken) Tektronix 7603 with two amplifiers and timebase plugin.
Tomorrow I will probably own a (possibly broken) Tektronix tm506 mainframe. And a DMM for it by the end of next week.
I still have to buy wire to build the dim bulb tester.
Then fix the probably-broken mainframe.
Then fix the probably-broken scope.
Then fix the probably-broken signal generator.
Then fix the RCA amp that started all this.
Am I doing it right?
No, you are on a slippery slope. Denying you have a problem makes it impossible to solve. Throw it all away now.
To fix that lot you need a working scope, a function generator, a true RMS voltmeter, an RF sig gen, an AF sig gen, a distortion analyser, a frequency counter, and a spectrum analyser is always nice to have. One handheld multimeter is hopeless, four is a more sensible number. And so it goes on. The more you have the more you want.
Accumulating and fixing TE and other electronics, is a nerdy interest a lot of people really can't see the point of. Understanding and fixing complicated things engages the brain. It's not that expensive as leisure activities go. It beats watching TV, which a lot of people spend their time doing.
I'd say you are going about it the right way.