always good for anyone to get into the sport, keep it up and you'll be addicted in no time.. Everyone here has givven you some great advise. What I would do is head on down to your local sport shop and spend a few hours learning. Shoot some of there bows, and get some tips, advise, whatever they are willing to offer. Even if your not buying let them know you are new and possibly looking into a purchase in the near future. Ask them what your draw length is.. very important when buying a bow.. From there you I think you could get a 5'ish year old bow all set up for under 300.00 that will do everything and more you are looking for. ..Remember, start w/ the basics, learn the lingo, and have fun... hope it all works out well for ya.. good luck