A mix of all...
I would suggest a mix of all of the above once you hit a certain cumulative value level. I used to keep everything at home but it just got to be too much weighing on my mind.
I have two safe deposit boxes and am opening a third this weekend. They are near my home and if I decide I'd like to look at things or need to retrieve something that process, including a drive back and forth, takes less than half an hour. The peace of mind is immense.
And you have no worries about light getting in. The boxes close and then get placed within their own metal slot and locked behind a solid little door. Nice part is that still allows some air flow.
Contrast that with my safe at home...I had a scare last week when I opened it and was immediately hit with a musty odor despite having several dessicant packages inside. Not sure what happened but I removed everything, wiped down the interior, and will not be using it again until I have time to call the store it was purchased from to discuss.
And my insurance premiums are kept in check by use of the safety deposit boxes. Way less risk for an insurer when the stuff is locked away.
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