Baggio Ma


Baggio Ma has written extensively on financial topics over the past several years. His work experience in the private, public, and not-for-profit sectors has led to a special interest in personal finance-related topics. Baggio has written for several Canadian finance sites such as PiggyBank and Tech Daily. Baggio holds a Bachelor of Arts degree from the University of British Columbia and a Master of Public Administration Degree from the University of Victoria.

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Top 5 Investments That Can Make You Rich in 2024

It seems like everywhere you look, someone is promising you a foolproof strategy to get rich. While many promise overnight success through elaborate schemes, the real way to get rich is to leverage the power of compounding returns.  When thinking about where to invest money to get the best returns, the answer is almost always ... Read more

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Is Day Trading Legal in Canada?

Day trading has always been considered a riskier but potentially more lucrative way to play the stock market. In Canada, day trading is completely legal, and the CRA acknowledges it as a legitimate income source.  This article will discuss what you need to know about day trading in Canada in .  Key Takeaways Is Day ... Read more

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10 Top Canadian Dividend Aristocrats for July 2024 

If you seek stable investments and consistent dividends, look no further than the list of Canadian Dividend Aristocrat stocks.  These companies earn a stable enough cash flow to pay increasing dividends each year. The downside is that you will likely not see as much stock price growth.  This article will discuss the 10 top Canadian ... Read more

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Management Fee vs. MER: These are the Differences

If you invest in ETFs or mutual funds, you must educate yourself on the fees associated with owning those assets. Look up any fund, and you will see that it comes with a management fee and management expense ratio (MER).  These fees are presented as a percentage and are paid according to how much you ... Read more

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Inheritance Tax in Canada: What You Need To Know

Losing a loved one is never an easy situation. If you were named in their will and about to receive some inheritance, you might wonder about the tax impacts.  The truth is there is no such thing as an inheritance tax in Canada. The tricky thing is that this does not mean the assets you ... Read more

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HSBC Canada GIC Rates: TFSA, RRSP, CAD and Redeemable

With so much market volatility, fixed-income assets like GICs or Guaranteed Investment Certificates have been popular among Canadians. But what do we mean when we say GIC rates?  GICs pay out a fixed interest on the principal for the entire term. This GIC rate is determined by the Bank of Canada’s overnight interest rate. As ... Read more

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10 Ways To Invest $1,000 Right Now in 2024

If you had an extra $1,000, how would you invest it?  This article will discuss ten different ways to invest $1,000 in to start growing your money now. 10 Ways To Invest $1,000 Right Now in 1. Pay Off Your Debt Before investing, you will want to consider paying off any high-interest debt. This type ... Read more

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Starbucks vs Tim Hortons Rewards Programs: Which is Better in 2024?

For millions of Canadians, their day starts with a good cup of coffee. No matter where you are in the country, your morning decision likely comes down to Starbucks vs Tim Hortons. Both franchises are well represented, with nearly 1,500 Starbucks stores and 3,500 Tim Hortons locations across Canada.  If you frequent Starbucks or Tim ... Read more

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Pros and Cons of Employer-Provided Life Insurance in Canada

Life insurance is a topic that not many Canadians want to talk about, but it is essential that we do. Some Canadians are part of a group life insurance plan that is paid for by their employer. This could be a benefit if the worst-case scenario were to happen unexpectedly.  But does employer-provided life insurance ... Read more

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How to Invest Money in Canada as a Beginner: Step-by-Step Guide

For beginners, investing can be an intimidating and overwhelming concept. With so many different assets and strategies, it is difficult to choose where to start. When it comes to investing, the most important thing is that you get started. In this article, we’ll provide a simple, step-by-step guide to investing in Canada as a beginner. ... Read more

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