The notes and journals have no game purpose except for information and context. You can sell them or drop them as you wish. I usually put the keys in a secure place, but it's not really necessary.
As Azred said, you haven't missed the Bag of Holding; it's in Trials of the Luremaster, not the main game.
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Where there is a great deal of free speech, there is always a certain amount of foolish speech. - Winston S. Churchill
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