With so many people I know having children, this question comes up a lot.  What is a smart investment that you can give a baby?  As a parent it is essential to start saving for your child at a very young age.  The power of compounding can work wonders! Today more than ever people are entering college to pursue advanced degrees.  I think setting up a 529 plan for your child is a great decision for their future.  Who knows what the future holds but you can be certain that saving for an education for them is a safe bet. ...