Every one has a collection of favorite Eclipse templates.  I find the simple ones are often the most useful.  The examples below create you a static import and finish the method your typing.  They even put the cursor in the right place if you need arguments in the method.  I am going to collect more of them using the incredibly handy GitHub gist: My Static Import Templates For Eclipse.  GitHub gists are great for these kinds of programmer reminders.  In addition edits get version control.

Typical Eclipse template for Google Collections

${:importStatic(com.google.common.collect.Lists.newArrayList)}newArrayList();
${cursor}
${:importStatic(com.google.common.collect.Sets.newHashSet)}newHashSet();
${cursor}

To use them, just open Eclipse Preferences: Java Editor: Templates.  Add new templates, and give them a name similar to the method.  I.e newArrayList.  Then your code completion hot key will run the template completing the text your typing in.  i.e you type newArrayList [code complete key] and it adds the static, and the rest of the method, placing your cursor at the end of the line.  Neat!

Note: See the comment from Yuri below, the above templates are no longer required for static imports. Its possible to configure the Content Assist to bring in a whole type, or member using Prefs:Java:Editor:Content Assist:Favorites. This is better as it scans all possible available methods in the type.

The code you end up with is tidy too:

List myList = newArrayList();

There is another thing I can never remember the syntax for!   The markup to add the syntax highlight for this blog. Available as a gist: http://gist.github.com/234709