RE: Beginner
I would suggest buying a used vintage bow such as Bear, Damon Howatt, or Wing off of E-bay, for several reasons. First, they are very well made, and fine shooters. Second, they can be had for the money you have to spend, and third, they hold value, therefore when you decide to move on to a different bow, you can re-coop must all of your money, if not actually making a profit.
Buying a new production bow is OK, but your resale vale drops instantly.