professional music equipmentMusicians Who Know About Professional Microphones And Equipment?

My friend and I are musicians, we write, compose, sing music.. etc. But I know nothing about professional music equipment D: I want to make YouTube videos with us singing cover songs, but I don't know which microphone I need to buy, or if I need to buy other equipment along with the microphone ?!

I want it to sound like this:

http://www.youtube.com/watch?v=_gdpIun6ywA&feature=related

Thanks guys!
I will assume that:

1. You do not have enough money to buy a really expensive studio microphone.
2. It would be useful to you to have a mic that can be used on stage too
3. If you ever need to sell it on, a mic that is very saleable would be handy.
4. You are going to use it primarily as a vocal mic but might want to use it on an insprofessional music equipmenttrument once in a while (maybe an acoustic guitar)

Given the above, the definitive musician's mic has (for a long time) been a Shure SM58 or a clone of it, or something designed to be similar to it. Every manufacturer (e.g. AKG, Beyerdynamic etc) sells something of that ilk. But you can't go wrong with the original. Being a dynamic mic, it also does not require a battery or phantom power.

A genuine SM58 can also be easily repaired if it is broken or dented etc. The parts are easy to get. It might even be worth buying an old one that is a bit worse for wear (and therefore cheap) and reconditioning it yourself with spare parts off eBay.
In the video they are using a Large Diaphragm condenser mic and a pop shield. You can get USB Condenser Mic's professional music equipmentso you can plug them straight into a computer and record. The price range varies greatly depending on the make and model. Beringer make budget USB Condenser Mic's which should be fine for this purpose. Get a pop shield as well, place this about 2 inches in front of the mic to stop the mic from 'popping'

You will need music sequencer software to record in, Audacity is free to download, but if you want a professional program use Cubase, Cakewalk or Pro Tools.

Alternatively you could get a Dynamic Mic like a Shure SM58, this is an good quality all round mic. It isn't as sensitive as a condenser but you can still get a great sound from them, and use them for live performances.