Question: What are some of your best pieces of advise to someone new to the hobby?

"I have a friend who is interested in putting together a system"

Not knowing much about your friend, it’s difficult to set priorities about what is important to them: Mac/PC? Dog/cat? Internal combustion/EV? Zappa/Hank Sr. Etc.

I would start by putting your friend in front of the most amazing system you’ve ever heard (within a reasonable commute from your home). This should create a strong emotional response (or, perhaps even loosing control of basic bodily functions) to illustrate what the the "ultimate system" looks and sounds like when it is finished. If the response is similar to the watching the first 12 minutes of any RomCom, perhaps he/she may want to pursue another hobby?

Second, I would make sure they have some "skin in the game." The pursuit of their system has to mean more them than it does to you. The more vested they are in the project, the more they will appreciate it. The more they appreciate it, the more they will enjoy it. And, the more enduring the hobby will be over their lifetime.

.......maybe to first learn the difference between ; advice and advise. In which you could actually do both here with your friend in order to help them build their system. Good luck and have fun doing it.   

OP,

You didn't mention a price range, that could certainly define any recommendations in the upgrade path. If the budget is $4,000, then a $2,000 DAC wouldn't be a good choice.

Stream it and Let It Be (Self Powered)

Listen, listen, listen go to friends homes to hear their systems, bring records or CDs you are familiar with. I would buy gently used as your dollar goes twice as far. Bring a note book so you remember what and why you like certain equipment. Enjoy yourself.