All the factors go into investing and decisions about such. There are some that delve deep on the off days and have interests beyond average, others more ballpark.
One can still harken back to the simple ‘investment pyramid’ keeping the tenets in mind. Of course, it won’t be the same for everyone. I knew a guy years ago who was big into silver, like it was just about his only interest and investment. Mentioning the investment pyramid was of little interest to him. He also looked at a lot of HISTORICAL charts on silver prices, imagining the gains had he made great trades. Yes, there have been great runs with precious metals, also very lackluster years.
The answer is, get your house(pyramid) in order, then dabble some in areas of interest, after education on the subject.