My first system was a package deal at the local hi-fi house. Dad let me spend some of my summer earnings.

Harman Kardon HK 430 receiver
Garrard Turntable
Wald Speakers (never heard of them either. I think the local shops had their house brand to make the packages work)
Lamp cord speaker wire


All for $399.00. This was 1976. The receiver was probably worth 70% of the whole purchase price, but I listened to that system for at least 14 years! I actually wish I still had the receiver. I see them on ebay every now and then. It was a classic.