Credit Rating and Required Rate of Return: Suppose you and Warren Buffett borrow money from a bank. The bank will assess your credit ratings differently. Maybe the bank could offer Warren Buffett a loan without interest since it can be advertised as a bank used by the renowned investor. However, it will likely charge you interest because you have a lower credit rating and less fame than Warren Buffett. The interest rate each borrower faces, based on their creditworthiness, is called the required rate of return for creditors. Under the same conditions, the cost of poverty is much higher for the poor than for the rich. Poverty inherently involves costs. - Joseph’s “just my thoughts”
When dealing with others in good faith and suffering from the reality that the rules and methods of life they believed in are no longer accepted, you should question the “Good Samaritan Complex.” The better a person is, the harder it is to realize that they are confined within a distorted framework. If you see people around you who don’t want to put themselves at a disadvantage for others as you do, or if you’re angry and uncomfortable with the fact that others don’t show their sympathy, you should look back to see if your goodness is a defense mechanism protecting you from being hurt. The problem with Good Samaritans’ lives is not their attitude toward life but rather how they are perceived by others too much. - Joseph’s “just my thoughts”