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“As rich dad often said, ‘The most expensive advice you can receive is free advice. It is advice from your friends and relatives who are not rich and have no plans on becoming rich.’”

“The most expensive advice is free advice” means that following bad advice—and losing money—could make the “free advice” very expensive. Friends and relatives might be trusted on other matters, but if they’re not financially educated, their “free advice” is worth nothing.

Robert Kiyosaki

 

"Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway"
Warren Buffett