That is a good start on your first handmade knife. A power hammer would be nice to have for working with pattern welded Damascus billets but they are expensive. A 2x72 belt sander would be more useful If you or just getting in to making knives. If you have the ability to build your own equipment, you can save a ton of money. The Kinyon style air hammer is a joy to use and not too difficult to build if you have some stick welding and steel fabrication ability. Here is a link that you may find helpful if you ever decide to build an air hammer. https://www.bladesmithsforum.com/index.php?/topic/8879-kinyon-style-air-hammer/