Hi LureFish,
Welcome to the site and to fly fishing.
For me the most versatile setup is a 9 foot 5 weight rod with a floating line. I have an explorer guide 2 and have used it for many fish species. I use it for trout, bass, carp, yellows in the vaal and yellows at sterkfontein.
This setup is perfect for trout fishing. With trout I dont worry to much about an expensive reel. It is a lot better to invest in a decent rod and line combination. If you have the cash it is also smart to buy a intermediate line to use for both trout and bass.
If you are going to do more bass fishing and would like to cast big flies I would recommend a heavier rod. Maybe a 6 or 7 weight.
I got my 5 weight setup for under R2000.
Hope this helps you a little.
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