Filter size buying choice - is bigger always better?

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Tekkido New Member • Posts: 6
Filter size buying choice - is bigger always better?

I need some advice on what size filters makes sense for someone just starting out to get a minimum number of filters but of decent quality without breaking the bank. 
I have a Canon EOS 550D DSLR and a Leica D-Lux and a collection of lenses with filter thread sizes from 49mm to 67mm. I am particularly interested in landscape, time lapse and long exposure photography and hope to get some ND (possibly ND8, ND64, ND1000) and CPL filters.

I am fretting about whether I should just get 67mm size filters and use step up/down rings as my current largest size lenses are 67mm or go even bigger to say 77mm or 82mm to accommodate potential bigger lenses just in case  if I should consider wanting to expand my lenses collection in future?
I use my 67mm lenses a lot more than the others. I am wondering if I should get a 77mm or 82mm filter, would there be additional distortions introduced or other negative factors to consider when using a step/down ring to fit onto my 67mm or smaller lenses?

Would appreciate any advise or insight.

Canon EOS 550D (EOS Rebel T2i / EOS Kiss X4)
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