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Instead of a lathe or a mill how about a lathe AND a mill. For 3k you can get just about everything you need with the Sincere and still have enough left over for a Central Machinery (Harbor Freight) bench mill. All of this can be looked at on Youtube. With the Harbor Freight bench mill and a rotary table you can turn a clock gear blank with an end mill. The hole in the center of the gear can be bored with a boreing head and boreing bar. The spokes can be milled out precisely with an end mill cutter and a rotary table. You can’t turn a long shaft this way but it works well for circular flat pieces.