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Here is a few question you should ask yourself before deciding what type of stocks you should pick

1)      Do you expect to start withdrawing money from your investment in the next 3 years

2)      Do you need the dividend from the investment as your major source of income

3)      Is stock price increasing important for you?

4)      Do you have basic knowledge in investing

5)      Can you accept any loss in your investment

6)      Do you know what to do if your investment drops 20% below your buying price

7)      Do you mind holding a stock trading undervalue for 3-5 years before the market realized this gem

8)      Do you understand what is a value trap

9)      Do you mind buying a stock with growth potential at a high price (Do aware that expansion plan could not work as planned and stock trading at sky high could be disastrous for investor)