I am now a couple of months into collecting "the world". It's been a lot of fun. I have tried to take some of the advice given in a previous post asking for advice. I've bought several cheap penny a piece lots and found some interesting stamps with a bunch of cheap CTO stuff. I can see how it is of limited usefulness but I've gotten a lot better at identifying world stamps (I previously collected the US, Mongolia, and Scandinavia).
I bought some very cheap lots on Stamparoma. I joined the International Society of Worldwide Stamp Collectors and participate in their large circuit exchange. I ventured into the world of auctions and bought from Vance in Canada and UPA in the UK. I have been actively collecting early Mongolia by sets/singles (not a lot of Mongolia collections kicking around). I've bought a few more specialized country collections. I'm looking to purchase my first large WW album set some time before Christmas (either a 4 part Minkus Global or a "Big Blue" most likely). I will probably go with one of those and then specialized albums for Mongolia and Scandinavia (Minkus for Mongolia and either Scott Specialty or Stender for Scandinavia.
Probably most importantly, after sorting my stamps by country, I've actually been cataloguing them and putting them in order in stockbooks until I figure out my album situation. I've catalogued Mongolia, Armenia, Tannu Touva, Malta, Iceland, and Greenland so far and I have a Scott National Album for my US collection. I also have Finland Scott Specialty pages. I'm hoping to do a few more countries over the next 2 weeks (three day weekend this weekend!)
I'm finding that the more you buy, the cheaper it is. At least that is what I tell myself

paulsonja