www.memory.com says the Vostro 420 can only handle 4GB RAM, which tells me the CPU can only run a 32-bit OS. That means a 64-bit OS won't work, and more than 4GB RAM would be pointless.
You would have to upgrade your CPU and motherboard to take advantage of a 64-bit OS and additional RAM.
Why do you want to jump to 8GB RAM? You mention you don't know what types are or what does what. 8GB could easily be overkill for you, depends on what you use the machine for.