Hello Varun
It all depends on what kinds of things you want to capture. For netflow, you can specify particular ports from which to capture traffic. You can choose these ports based on what information you want to gain. For example, if you want to follow the traffic that is flowing to and from a web server on your network, configure netflow to monitor the particular port on a switch that the server is connected to. If you want to examine backbone traffic, choose the port channel you have configured between your primary switches and your edge router.
For SNMP, the idea is the same. Do you want to examine particular attributes of traffic to and from your DMZ? Choose the appropriate ports.
In general, when choosing switches as the location to monitor, you are monitoring more specific traffic. Traffic that goes over routers and firewalls is usually consolidated traffic of many combined users.
Ultimately, you have to first define what you are looking for in order to proceed to practically decide on what ports to monitor.
I hope this has been helpful!
Laz