This post is part of a special annual report -- Top Stock Picks '09 -- in which TheStockAdvisors.com asked 75 leading newsletter advisors to select their favorite investment for the new year.
"As we head into 2009's turbulent waters, it will take two oars to keep a straight course; as such, for my top pick for 2009, I am selecting a pair of ETFs," notes fund expert Jim Lowell.
In his Marketwatch ETF Trader, the advisor explains, "iShares Dow Jones U.S. Total Market (NYSE: IYY) covers the market broadly, while WisdomTree International Small Cap Dividend Fund (NYSE: DLS) has a more focused manner."
"Buying the broader market in 2008 was a sucker's bet; make that a sucker punch. But in 2009, it's neither an act of courage nor a fool's errand to 'buy the market.'
"After all, the likelihood of the markets selling into oblivion has arguably been priced into current levels, making the total market a deeply discounted stream worth stepping into in 2009.
Before the bell: Futures sharply lower on Dubai's debt problems
Will Rich Ross really have a positive impact on Disney's movie operations?
Consumers sick of recession, may spend extra on holidays
