On the contrary i would say a set is a good start to any collection, although not complete, get the individual sizes as you need them afterwards, this is how i started collecting drills after all.
If you're committed to Jasons approach then get some good cobalt HSS and go for 3, 4, 6, 8, 10, 12, 14 and 16mm I find it's the smaller sizes you need more of because you can always mill a bigger slot with a smaller end mill but you can't do the reverse!
Don't expect to get great removal rate from tiny endmills because frankly they can't handle it(like 2.39mm), if you need to mill very small grooves then a horizontal cutter is a much better bet. You can find them floating around ebay quite cheaply if you're lucky.
Michael W
Edited By Michael Walters on 17/07/2016 11:04:57