This may be common sense to some, but I'm sure it will help somebody...
If you don't already know, your bank and collections are shared between all the characters on your account. This means you can transfer items between characters via your bank. You put the items in your bank, switch characters, and take it out. So you simply create as many characters as you can, give them all the biggest bags you can afford, and voila! massive storage space!
Some items are character bound, so keep that in mind when you are planning your storage. Harvesting tools for example can not be moved to other characters.
This is great for holding items until the game economy stabilizes.
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