These guys are right. You'll be fine with that guitar while your learning the basics. My first guitar did'nt even have a name........, and a couple of the tuning key heads were broke off so that I had to tune it with a set of pliers!!! But I learned all my early basics on that guitar, and even though it probably was'nt worth three dollars........I wish now that I had never gotten rid of it. It would be cool to pull that old guitar out now to show someone just starting out and say, "See this sorry-looking, almost unplayable no-name guitar.............I learned to play on that baby!" Fancy equipment does'nt matter one bit dude, it's all heart & dedication.