Randy, it's not a doub question at all. If you don't know and don't ask, that's the dumb part.
MikeJ (above reply) has it right, you need to figure out what you want before you start looking at makes and models. Take your time and look around at what other people have done. Find your local club (if there is one) and get involved, it can be a HUGE source of help.
OK, here are the basic questions I would ask:
1) What's your budget?
We don't need a number unless you want to share. You could get a used t5 4 bulb fluorescent for $75 to a top end led/t5 combo for $1500+. BTW, they will both do the job of lighting the tank and growing most corals.
2) What do you want, t5 fluorescent, MH, led or a combo?
You need to look at the alternatives, all 3 have very different advantages and disadvantages, but all 3 can do the job for you.
3) You want some colorful coral... knowing the type of corals you want may help. Do you want zoas, softies, lps, sps a mix?
Zoas and softies need less light, lps a bit more and sps the most. They have other different requirements than just light. Zoas and softies don't need a lot of flow, lps like more and sps like quite a bit. It can be difficult to keep them all in one tank. It can be done, but it takes some extra effort and knowledge/experience.
4) Will the lights be hanging over your tank exposed or in a canopy?
If they are exposed, looks and numbers of fixtures and how they will be hung makes a bigger difference than if they are out of sight in a canopy. Hanging from a 'rack', the wall or the ceiling all change the look of your system.
5) Do you want sunrise and sunset effects? Is just on/off and maybe blue to white enough for you, or do you want complete control?
Some people are fine with on/off, and the corals and fish really don't seem to mind. Some use different bulbs and turn on blues for awhile and then turn on whites to create a bit of a sunrise and sunset look. Again, the corals and fish really don't seem to care, it's more for you than the tank. And then some people have leds that do an 8 hour sunrise, an hour of midday and an 8 hour sunset. It starts off blue and gets more and more white as it gets brighter and then just the reverse for the sunset. This is really all about you (BTW, I happen to love watching the tank change all day long, but it's about me not the corals).
6) Is heat an issue in your tank or your house?
Heat in the water (and your house) can be an issue. The t5's run warm. They may heat the water a bit and don't do much to the house. MH run HOT. Some need chillers to keep their water temperatures under control, but some get by with fans and evaporation for cooling. They also add heat to your house. That may be OK in the winter (especially up north) but they can make your A/C work harder in the summer (especially down south). I have 4 tanks and live in SW Florida, MH added a lot to my A/C use.
7) Is cost of use an issue, use of electricity and replacement bulbs?
Fluorescent bulbs are fairly efficient, MH use quite a bit of power and leds are fairly low consumers of power. The t5 bulbs aren't cheap. Four foot bulbs run from $12-$25 each and should be changed every 6 months (absolute minimum) to every 18 months (absolute max) due to loss of intensity and color shift that may have unwanted affects in the tank. MH bulbs can cost $30 to $80 and the cheaper ones tend to be just that, cheap. They need to be replaced every 12 months (minimum) to every 24 months (maximum) as they lose intensity. Spectrum shift is much less an issue with MH. The leds almost never need replacement. They lose about 1%-2% of intensity per year. At 10 years you are probably looking at a new fixture. But the reality is, leds are newer and are evolving much more than t5 or MH. So very few people in the hobby are still using an led fixture they bought 3 or 4 years ago. The light from today's leds can grow anything. At the minimum you'll want a mix of 420nm-460nm blues and some whites in a ratio of 2:1 blue to white. There are lots of other colors that can be added and different ratios of blue to white available, but the minimum stated here will do the job.
I've used t5, MH and leds over the years and they all work, so don't fret about which one to use. But get enough light for what you want to do with the tank. I have 4 tanks and a year ago I switched from 3 tanks of MH and 1 with t5 to doing all 4 tanks with leds. I have 6 fixtures, 3 different models, 2 different brands spread over the 4 tanks. I paid just under $1400 for all 6 put together. At 1 year in my electric bill has gone down about $350-$400/year (less electricity to the lights, the 2 chillers and the house A/C) and I save about $200 in MH bulb cost (I replaced 6 bulbs every 18 months) and $200 in t5 bulbs (10 bulbs every year). So my leds will pay for themselves in about 2 years. I love them and my corals are growing just as well now as they were before I switched. But with 4 tanks, I'm a bit outside the norm.:wink: