Whereas someone like me who doesn't have any points into Lucky Charm is impoverished in terms of loot and is at level 11 wearing gear several levels lower because I haven't found much decent stuff, and can't afford to replace much of it each level.
I actually restarted my playthrough and intentionally didn't add points to Lucky Charm, because the amount of loot that was dropping was getting ridiculous. One point should be enough if you're tired of empty containers though.
If you're lucky (har har), you can find gear that gives you +Lucky Charm.
In my opinion, I think the base Luck stat should be Lucky Charm 1.
