That's easy, looking at your collection make me depressed.
But seriously for me, it's a story that becoming more and more common:
1) New Edition announced super excited and pre-order

2) Release day you receive the item and super happy

3) Notice it's not actually limited in any way and is still for sale everywhere

still feeling happy.
4) 1 Week later price drops, I go to corner to cry abit. But still feeling ok realise it can''t drop in price again.
5) Another week or so, price drops again, I go to corner to cry alot more. Then feel angry

6) Another week or so price drops again and I swear at the PC screen.

7) Have a day to think and decide to buy a second copy at cheap price as my first isn't quite super mint.

8) Go to Order, it's Soldout.

Throws PC screen out window :
9) I say to myself I can learn from my mistake and will not order for launch and buy cheap later.
10) Buy new PC Screen and see new Edition announced, super excited

11) Don't order and feeling like a smart guy

12) Release day and it's Sold out

13) Throw new PC Screen out window.
14) Buy new screen, check eBay, prices are double.
15)
I call it the 15 stage of becoming a Collector.
For my Favourite :
I guess I would say this forum, or more specifically discussing a hobby of mine with fellow collector's. I can't do that with many of my friends and or any of my family.