President Trump on Monday signed an executive order to create a sovereign wealth fund for the U.S., which would take government surpluses and invest the money into potentially risky asset classes that could generate high returns.

Even if this administration's heart is in the right place, do we really want another multi-billion-to-trillion-dollar fund to handle people’s savings?

Trump proposed setting up a fund that would finance "great national endeavors" including infrastructure projects while campaigning last year.