Stupid Investment of the Week: The Gerber Grow-Up Plan

 
By Chuck Jaffe
Published: September 30, 2007

Colin and Heather M. are the proud parents of a seven-week-old son, and while little Ethan is perfect, his father is justifiably worried about the future.

And just in case there is a problem, Colin was thinking of getting life insurance for his son, not to get a payoff from a worst-case scenario, but to make sure that his son will be able to get insurance protection as an adult.

"He doesn't have a...


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