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Money magazine mistake

August 6th, 2014 at 04:04 pm

I read money magazine every month and have for many years. When I was first learning to invest in mutual funds, money magazine was my guide.
I noticed a mistake on page 26 of this month's magazine. I tried to write them, but I cannot get thru on their computer address and I can not find a mailing address.
Anyway, the mistake is on "crack a CD." They state that you will only lose $100 in penalties for cashing in a 5 year $100,000 CD paying 2%. I am sorry, but the penalty is actually $1000. (I know because I just lost $550 in penalty for cashing in $100,000 at 1.1% My bank was closing and no branches are available in this state.)

I hope someone writes to them and tells them of their mistake.

1 Responses to “Money magazine mistake”

  1. bluesfemme Says:
    1407599291

    That's frustrating when you're trying to be helpful. Not sure if it's any good, but in the FAQ there is:
    Email: editor@money.timeinc.com
    US Mail:
    The Editor
    Money
    Time & Life Building, Rockefeller Center
    New York, NY 10020-1393

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