The Temple Fork Professional series rods were good rods for the regular price, and for ninety dollars at MRFC, you can go wrong with one of those for your first fly rod. Lots of guides have been using these rods for their clients since these rods came out. You will need to buy a rod tube, since Temple Fork does not provide them with their rods.

Like others have said, make sure to get a quality fly line. A reel does not make a big difference, but if you can afford it, get a decent reel, because you will be less likely to want to replace it at a later date.