RE: Need some advise on a bow.
My pick would be the Hoyt Ultrasport, Probably one of the best bows you can get for the money. There are many others as well. Probably run you about 300 to 350 for the bare bow, then you would have to set it up. That might cost as much as you paid for the bow depending on what you go with, but it doesn't have to be that expensive.
You could also look at some used bows as well. The most important part is to make sure the bow fits you from the get go, so go to a good shop that can help you out..
Paul