First purchase I'd recommend is the video "Masters of the Barebow, Volume III". It can shave literally years off the learning curve.
A great starter bow is either the Samick Sage or Journey--depending on your draw length. Great bows, but the string that comes with them isn't great. The string is the bow's transmission, and can make a big difference in how they shoot. You can spend a LOT more money and not get a bow that shoots any better, or even as good.
I'd probably go with cheap/intermediate priced carbon arrows.
A really good quiver isn't cheap, but you can get by with most anything. I like the Safari Tuff myself. If I'd gone with it first I could have saved myself a lot of money on buying ones I didn't like.
Targets can be as cheap as a pile of sand, or you can spend as much as you want building a 3-D course.
For broadheads, I stick with fixed blades. Lots of good ones on the market--Ace, Magnus, Woodsman, Zwickey, etc.
A good glove or tab and you are set. Depending on where you live you should be able to get some advice from a club or store. The stores I use the most are Lancaster (Trad-Tech division), 3 Rivers, and Kustom King. These all have web sites to browse as well.
Hope this helps.
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