Category: Financial Literacy

A collection of blog posts related to personal finance advice and resources.

Creating a Budget & Setting Financial Goals

Jed R. Hansen, PhD’21, APRN, RNP-C, prior to getting his degrees in nursing, earned a degree in finance and worked in the financial sector. Having a budget and setting financial goals has always been a priority for him. As a student, it can be hard to find and stick to a budget. Dr. Hansen shares […]

September 7, 2022

Asset Allocation

It’s the final installment of our series Investing for Retirement for Healthcare Professionals! Now that you know what mutual funds and bonds are, how do you know which (and how much of each) to invest in? Dan Hyslop, MD’82 concludes his presentation by sharing how you can divide up your portfolio among stocks, mutual funds, […]

July 20, 2022

Timing the Market

A common message you might hear about investing is “buy low and sell high.” While this makes sense in theory, it may not be the best strategy long-term. In the penultimate part of Dan Hyslop, MD’82’s series on investing for retirement, he shares a data-backed perspective on timing the market.

July 13, 2022

Bond Index Funds

When the stock market drops, it is important to have a balanced portfolio of investments. One way to do this is by investing in bonds. This week, Dan Hyslop, MD’82 explains what bond index funds are and why you should consider owning them. This video is Part 6 in Dr. Hyslop’s presentation on Investing for […]

July 6, 2022

Choosing a Mutual Fund

If you’ve been following along with our series, Investing for Retirement for Healthcare Professionals, you now know what a mutual fund is, how returns & interest accumulate and how financial advisor fees work. Now, it’s time to choose a mutual fund. But which are good options? Dan Hyslop, MD’82 compares some common mutual funds in […]

June 29, 2022

Understanding Financial Advisor Fees

You may know what a financial advisor does, but how do they get paid? Dan Hyslop, MD’82 explains the fees associated with having someone else (sometimes a computer!) managing your investments and the long-term impact of these costs. This video is Part 4 in Dr. Hyslop’s presentation on Investing for Retirement for Healthcare Professionals. Check […]

June 22, 2022

The Magic of Compounding Returns & The Tyranny of Compounding Costs

Over the last two weeks, Dan Hyslop, MD’82 has shared basic investing definitions in An Introduction to Investing and compared mutual funds and index mutual funds in Mutual Funds vs. Index Mutual Funds. These clips are part of his larger presentation, Investing for Retirement for Healthcare Professionals. In this week’s clip, Dr. Hyslop dives into […]

June 15, 2022

Mutual Funds vs. Index Mutual Funds

Last week, we started our eight-part series, Investing for Retirement for Healthcare Professionals. In Part 1: An Introduction to Investing, Dan Hyslop, MD’82 defined a few important terms to set the stage for our series. This week, Dr. Hyslop defines and explains the differences between mutual funds and index mutual funds. Want to learn more […]

June 8, 2022

An Introduction to Investing

How are you setting yourself up for financial success within retirement? Most people have a 401K or other employer-sponsored retirement account. But do you know what your money is actually doing, or how you could be making significant gains from compounding returns? Even the most financially savvy among us can learn something from Dan Hyslop, […]

June 2, 2022

Purchasing a Car

Just like the housing market, purchasing a car in 2022 is proving to be a difficult task. Thankfully, UNMC alumni like Aurora Le, PhD, MPH’16 have tips that can make navigating the process easier. In sharing her experience, Dr. Le offers an alternative to the car dealership and explains how she paid her car off […]

February 23, 2022