I think you will eventually want a 7wt or 8wt to target the fish you have in mind. But, you have a great starter rod. If you have LM and SM bass, you also have bluegill, crappie, or other panfish around, right? Get some size 6 to 8 poppers, damsel fly nymphs, streamers, and learn to cast your rod and, I promise, you will enjoy yourself. After you get comfortable with tippets, leaders, basic knots, basic casting, then you will have an idea of what type of 7 or 8 wt you may like. Play with the 5wt for a few months, dont be in a rush, enjoy the learning process. Best advise: ** take some casting lessons, learn basic casting and then how to double haul. That will pay off for you in improving your abilities and enjoyment.