I am currently a fresh graduate earning 2.9k/month before cpf deductions (yes, i know its not a lot). I would like your advice on how to handle the 40k i saved so far - inclusive of emergency fund. Any suggestions?

First of all, don't feel disheartened on your income, everyone started somewhere. And kudos on the ability to save substantially till now!

How to handle the $40,000 really depends on what plans you have ahead of you. After which, it boils down to your investment objective, vehicles preference and investment arsenal.

Easy way out may be through robo-investor or you can even lump sum into FSM S&P 500 ETF as the charges are lower over the long term.

Everyone has different objectives on investing. Some want dividend, while others may want huge capital growth. That's where asset class and geographical allocation play a huge part on how the objectives can be achieved, such as REIT/ETF/UT/Stock/Physical Gold. But certainly, risk involved and strategy would be different as well.

Once you are able to sort them out, you definitely have a clear picture on your portfolio. Should you need help to understand them, do seek help as well.