glad you're still here.
I believe that a person with a fix amount should
#1 If they do not want to purchase equipment ASAP. Take a guide out who give them instruction on the water and who has all the equipment for them to use.
Or
#2 Purchase a good service rod, like TFO signature 5wt for under $200.00, BUT spend the money on a excellent reel or at least a moderately nice reel. This package might around $300.00 (reel package with line might be more). Next, join a club that has weekly casting classes or monthly, participate, learning the basics. Than take a guide on the river, one who also will instruct while fishing.
#3. blow all your money on an expensive rod and wait till someone gives you holiday money. Purchase a really expensive reel, line, leaders, tippets, flies, waders, vest.... I could go on.
Than a year later hire a guide with more holiday money.
#4 Pimp yourself out to some rich person and let them pony up the cash.
I have the TFO I mentioned and my XP. I think they are both really wonderful rods and feel great on the river. For small water I have an Orivs Troutbum. (Unlike some people who are maybe pimping themselves
and go to those isolated sierra creeks with a 00, well you know who I mean! (Love ya...never change)