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Ahmed Dawn & Yahoo Finance

Too-good-to-be-true Brim credit card leaves applicants in the dark

Hello, everyone. If you are visiting this site or www.YouTube.com/ADawn after reading the Yahoo Finance article on Brim Credit Card where I provided insights, I welcome you to my sites.

Let me introduce myself a little bit if you are not familiar with me or my sites. My name is Ahmed Dawn, and I am a financial author, YouTuber, and a travel expert. I mainly concentrate on credit cards, rewards points, and my travel experiences on these sites. I have 20+ credit cards and 800+ credit score.

Most likely this is the only place where you will find non-affiliated, unbiased, and honest opinions on credit cards. Utilizing credit cards and travel rewards points, I travel the world flying mainly on business class and staying in expensive hotels for almost free or paying very little.

Please subscribe to my YouTube channel and be a part of this journey.

Thank you.

Ahmed Dawn on Yahoo Canada

Billionaires Love Global Real Estate

Global Billionaires Hold One Fifth in Real Estate
 

First Published: Mar 30, 2014 RealEstateExpedition.com

Global real estate markets are increasingly becoming the playground of billionaires and private property transactions starting at at least $10 million dollars have tripled since 2009 - a recent report published by Savills and Wealth-X points out. Here are some highlights from the report -

- The ultra rich hold 20 percent of their wealth in residential real estate.

- The total value of world's real estate is around US$180 trillion.

- 72 percent of total real estate is residential property occupied by owners and global billionaires hold about 3 percent.

- European and Asian billionaires hold 80 percent property by value.

- European billionaires hold 31 percent wealth in real estate. Asian billionaires hold 27 percent in real estate. And Middle East billionaires hold 26 percent in real estate.

- North American billionaires hold only 7 percent wealth in real estate.

- Europe is the home of the most international and largest real estate and attracts the most global investments.

- Global billionaires population expected to increase 22 percent by 2018.

- Combined wealth for the ultra rich is expected to rise close to US$36 trillion by 2018 from US$27.8 trillion at current.

- There are about 200,000 ultra rich in the world. These are ultra high net-worth (UHNW) individuals with more than $30 million in investable assets across the globe.

Wealth-X is a Singapore-based company that provides intelligence on the ultra rich. To view the full report, visit Wealth-X website.

Dubai Launches Real Time Property Index

Dubai Real Time Property Index

First Published: Nov 2, 2013 RealEstateExpedition.com

Dubai has launched a real-time property price guide index for the first time. This new index is a joint venture between Arabian Business and Better Homes.

The Dubai Real Time Property Index will cover the region's key areas such as downtown Dubai, Dubai Marina , Dubai Investment Park, The Palm Jumeirah, Jumeirah Lake Towers, and Jumeriah Village circle, and The Greens.

This property index will show both sales and rentals real time transactions. Also, the latest prices with the monthly changes will be shown for the above-mentioned areas.

The Dubai Property Index looks at moving average median prices listed with Better Homes to make its index. Some inconsistent data that are extreme were ignored to stabilize short-term fluctuations in order to main its long-term realistic trends. Click here to view the index: The Dubai Property Index.

Real Estate in Mongolia

Mongolia Real Estate

 

First Published:  Published on: Sep 22, 2013 RealEstateExpedition.com

Mongolia is the world's most sparsely populated country with an area of approximately 604,000 square miles - making it the 19th largest country on earth. Mongolia's emerging economy is highly correlated to its over US$1.3 trillion resource sector and it's no wonder the real estate sector is tied to its recourse wealth.

The property market has experienced rapid development and price appreciation in Mongolia in the past few years. Property prices reached their lowest point in the early '90s. However, a continuous 20 to 30 percent appreciation every year rewarded investors who participated since its lowest point. The property boom has occurred especially in large cities like the capital, Ulaanbaatar. However, some other cities such as Dalanzadgad, Sainshand, and Khan-Bogd have shown strong growth, as these cities are close to mining factories that attract residents from all across Mongolia.

Mongolia has no restrictions for foreign investors buying residential property. There is no requirement for physical presence; however, a valid passport is required. It is advisable to contact a real estate firm familiar with foreign investors in Mongolia to ease the buying process.

Rapid price appreciation in the real estate market in Mongolia is mainly caused by heavy demand but lower supply. High demand is caused by several factors, but an increasing influx of foreign investment and the middle class becoming financially stable enough to buy are considered most important.

No rewards come without risks and the real estate market in Mongolia has its own challenges. Investors need to do their own research before making any decisions, as there may be lack of due diligence, transparency, and accountability in the real estate sector in Mongolia (like any other sectors in a developing country). And also, the unprecedented real estate boom in the real estate market in Mongolia may not last forever as real estate booms due to resource sector growth have turned into bubbles in other parts of the world in the past.

Brim Credit Card Offers 5X Points on Travel Spending

Brim Credit Card Updates

Just received a few updates from Brim in my mailbox and today I will touch base on them. The most striking announcement Brim made is that it will offer 5 times on travel transactions, but there is a catch.

Brim will offer 5X points on travel purchases such as accommodation, rentals, flights, and more, but the catch is you have to purchase these through Brim’s travel search engine or Rewards Portal. Think of it like Scotia Rewards or BMO Rewards portal.

5 times rewards on travel spending is a pretty good return, although you are forced to use Brim’s own site. If you book your travel through 3rd party sites, you will still get 2X points per dollar for the World Elite Card.

Brim Offers 5X Points on Travel Spending

Another feature Brim will be offering is the Custom Security feature. Customers will have the ability to lock Brim credit cards from their app to block any transactions or charges. This is an added layer security you can take if you believe your card has been compromised. So you lock your card first and then go through the regular process of notifying customer service like other credit cards.

I haven’t seen this type of self-service protection with any other cards before. In theory, this should give you peace of mind because sometimes it may not be possible to call or reach customer service right away once you realise you don’t know where your card is.

I have several Brim update videos which you can watch here: Brim Credit Cards Playlist