Why I think Straits times is wrong - How should you invest if you have 20k

My friend shared this link to me this Morning. http://www.bigfatpurse.com/2015/07/how-to-invest-if-you-have-20k-or-more-why-we-think-the-straits-times-is-wrong

You can find the link to the original straits times article in the above article.

Summary (If you are too lazy to read)
Strait Times consulted a few experts, they recommended invest 100% in unit trust if you have $20,000.
Bigfatpurse says unit trust is too expensive so should invest in cheaper ETF.

My view
"Would you pay someone so you can clean your room yourself?"

Buying ETF is exactly that.

Can ETF help you to decide which country is worth to invest more in?
Can ETF help you decide whether it is a better time to invest in high yield bond or government bond?
Can ETF do currency hedge so you invest in a country with potential growth but not risk in currency depreciation?

Just to list some example to show why we cannot compare ETF with unit trust.

You may say some ETF performed better than some unit trust. So this goes back to the first question, who is doing the work?

Because we all know investment returns are not guaranteed, past performance does not represent future performance ... would you have known which country, which stock will do best tommorow? Do you have market information to do analysis and make the analysis?  If your answer is yes to both questions, you are savvy you can DIY your own investment portfolio , you should probably invest in that few stocks you are convinced with (instead of just buy ETF which most probably include some stocks that you will not like) . If your answer is NO , then it's probably better to leave with the experts. While experts may make mistakes too ( nobody can have the crystal ball to know exactly what will " win" so there is always risk in investment), but the probability of going very wrong is much lesser than a blind bet.

So, Who are the experts?

This is where I disagree with StraitsTimes.
Consult your Financial Adviser if you have idle $20,000 in bank.
(Financial Adviser is not someone from a bank or an insurance company, find someone professional, who can really do a comprehensive analysis and give a comprehensive recommendation for you)

Because a real Financial adviser will discuss your ST, MT, LT financial goals, will look through your existing portfolio , will help you manage your risk , will map a financial blue print to reach your financial goals. Then will advise what you should do to your idle money best suited to your financial situations.

Maybe it's better to save in bank because you have to pay for your wedding next year?
Maybe it's better to pay off your personal loan so you do not have to pay 20 +% interest?
Maybe it's better to put into SRS to save tax?
Maybe its better to go into endowment ?

Or at least, an adviser who can recommend a portfolio or strategy better than just buying ETF.

Summary of my view (If you are too lazy to read the above)

If you want to and can DIY, research and choose the few stocks you are convinced with
If you don't, leave it to the experts, Find a good financial advisor. Do not invest blindly.