If you choose that option, fill in the first field and select Next, it then takes you to another short form that gives you the option to name as you want, add notes, tags, and make the bookmark private to you. Select Save and it shows the bookmark is created, and you can then View them. After all that, you can access them in the future by going to View Profile (drop down under your avatar), select More drop down, and select Bookmarks.
That is why I use option #2. ☺