Thanks Guys for warm welcome. Here is list of tools I have in my inventory,
Bosch Router combo kit ( MRC23EVSK 2.3 HP ) with Bosch router table RA1181.
Router bit sets from Precision bits
Rockler mini lathe with extension table (max 10 inch dia, 37 inch length with extension)
Bosch 1594K, 3 1/4 inch Planner
Circular saw, Craftsman hand drill machine 6 amp.
Hoping to add few more tools such as Grizzly polar bear series table saw, drill press, small band saw etc.
Here is a picture of my first completed project which I did for my family friend.
Except decorative ornaments, I made everything from Red Oak and red oak plywood. some of the moulding you see are made using router bit which I bought from Precision bits.