I have 20k savings. I am 44 years old. How should I invest it?

I suggest you check out robo-advisors or FSMOne RSP, if you don't have time to monitor your investment.

Do note that robo-advisors, like StashAway & Syfe, doesn't open accounts under your name with the brokerages and invest your funds in your name. The ones that do are Endowus, MoneyOwl and Autowealth.

I placed part of my CPF-OA (lump sum; no DCA) with Endowus since 23 Jun with 60% stocks 40% bonds. I'm OK with funds, however in the past those in the markets have high management fees that eat up the portfolio, so when Endowus came along, I'm happy to put with them. Over long-term, I believe my investment can beat CPF-OA 2.5%.

I'm seeing a Time Weighted Rate of Return (TWRR/CAGR*) of 3.92%. Not too shabby so far, since it's only 1 month. I even received some dividends from First State Dividend Advantage Fund on 16 Jul. Really looking forward to see the stats after 1 year. I'm thinking once my NTUC Revosave ends, I may put with them. I find they are experienced and sincere folks.

Do check them out at https://endowus.com

If you happen to like what they do and their insights, please let me know. I can send a referral link your way. You can get a $20 in Access Fee credit (equivalent to $10,000 advised free, assuming Access Fee of 0.40%). It can be used to offset your Access Fee. (How much will I pay in fees? - In your case, cash: 0.6%; If CPF, 0.4% flat regardless of amount)

*Read more about TWRR/CAGR here.

I also wrote a long reply on this question: https://seedly.sg/questions/are-roboadvisors-go... You can check it out further. All the best!​​​

Depends on your time frame. Do you have emergency funds? You need to give more information as the advise will depend on your circumstance.