Your observations are correct.
I don't think rings are worth the hassle, with the exception of charisma rings at the very beginning of the game. So hoarding is not really advised. But if you think some ring are worth it (at level 17 maybe? when they give +2 stats instead of +1), then yeah maybe hoard cheap ones.
Last edited by Chrest; 03/02/16 09:39 PM.