Welcome to AFM, Hezzaw!
These early cars all have one massive problem that should probably be addressed before anything else, and I think you'll be amazed at the difference.
Alignment.
Factory specs are for bias-ply tires, which did not appreciate caster. However, modern radials need it for stability, feel, and handling. I'll give you modern specs to use at the end here.
Your caster is adjusted with two rods attached to the lower control arms, and tightening them up brings the arms forward, adding caster. However, too far forward, and the tires will begin to rub! With stock suspension, the best way to deal with that and put your tires and wheels squarely in the middle of your wheelwell, you will need to add shims to the front of the upper control arm, bringing the top back a little. Yes, it's a pain in the rear. But it works.
While you're at it, you may want to address another problem: the factory suspension was designed to understeer, for safety reasons. They went full overkill on that, and put the upper control arms at a steep angle to the bottom arm. As a result, when cornering hard, the outer tire's suspension is compressed upwards. The top of the tire tips out, the bottom rolls in, and the tire either lifts its tread from the road, or rolls over onto its sidewall a bit. This is not conducive to sharp handling.
Klaus Arning and Carrol Shelby devised a very simple way to fix this, and introduced "the Shelby drop" or "Shelby Mod" as it is commonly known. By using a template, you can drill two new holes in your shock tower, and mount the upper control arm lower. Ideally, you may want to move it back a little too, to help add caster without shims. Your car's nose will be about 5/8" lower when it's all done, but more importantly, when driving, your car will stay planted while cornering, and enjoy less body roll too.
Combined with a 1" front swaybar, some good shocks (I recommend Bilstein), and the following alignment specs, it's remarkable how your car's handling and ride quality will improve.
1/8" toe-in. (1/16" on each side) This takes up all the slack in your suspension and steering when your car is moving forward, so that the tires are perfectly parallel when going down the road.
0 to .5 degrees camber (tires should be mostly straight up and down, or just
barely tipped "in" at the top to brace against turns. More camber means more uneven tire wear, so for street cars, less is more.
About 3 degrees of positive caster. If you have power steering, 4 or 5 degrees is even better. More caster will require more steering effort, but offers far better high-speed stability, and even adds a little camber when turning.
Edit: I should also add, there are lots of aftermarket parts to improve your stock suspension too. They make upper control arms with roller spring perches that even have built-in geometry correction so you don't have to drill more holes to get the benefit of the "Shelby mod". The factory strut rods for lower control arms use two big rubber donuts to hold them to the frame. Those add slop to the handling, and always degrade over time too. Adjustable strut rods are available that mount directly to the frame without a flexible donut to hold it, offering much more precise steering. When combined with roller perches, ride quality is significantly better than stock. If you're interested in any of these better parts, check out
streetortrack.com.