Best way to record with these specs

[piRatemaster]

I would like a general understanding of what I can do as far as recording and livestreaming with the following computer specifications;

Windows 10 Home Single Language
Processor: Intel(R) Core(TM) i7-4578U CPU @ 3.00GHz 3.00 GHz
Installed Memory (RAM): 16.0 GB (15.9 GB usable)
System type: 64-bit Operating System, x64-based processor
GPU: Intel(R) Iris(TM) Graphics 5100

Thanks in advance.