The best way is to type what you want the link to say first, so write your complete sentence, like:
Ziffel is a cool guy and my bud.
Now let's say you want the words
"my bud." to be your hyper link. After you've typed out that whole sentence, highlight
my bud and
then click the hyper link button.
Now paste or type your URL address in the box that appears (
the box asking for what words you want your URL to say no longer appears) and then hit "OK".
Your hyper link will now look and work properly! Look:
Ziffel is a cool guy and
my bud.
Mind you this is for PC users; I've yet to find an easy way to do this on a Mac.