Good advice above, but I think we need to slow down a bit.
When you say, "records and CDs", I hear "music". Does that mean stereo, (ie. 2 channels only)?
If your desire is just for stereo music, we can forget stuff like center and surround speakers. Focus will be on only a Left & Right speaker, and possibly a subwoofer.
If you also want to hook this up for TV & Movies, we're potentially talking about more speakers. And that means less $ available for each.
Also, do you want everything NOW, or are you willing to get less but higher quality now, and save for expansion later? If you're willing to expand later, we're looking at 2 good speakers now, and save for a subwoofer and possibly surrounds later.
Think about what you want, and let us know. People here can help.