Boil the Ocean
Definition of 'Boil the Ocean'
The term "boil the ocean" comes from the idea that it is impossible to boil the entire ocean. No matter how much heat you apply, the ocean will always be too big and too cold to boil. In the same way, there are some financial goals that are simply impossible to achieve.
Trying to boil the ocean is a waste of time and energy. It is better to focus on more realistic goals that are within your reach. If you are not sure what your goals should be, talk to a financial advisor. They can help you create a plan that is based on your individual needs and circumstances.
Here are some examples of situations where someone might be trying to boil the ocean:
* An investor who wants to make a 100% return on their investment in a year.
* A business owner who wants to double their revenue in six months.
* A person who wants to lose 100 pounds in two weeks.
In each of these cases, the person is trying to achieve an impossible goal. It is important to remember that there are no shortcuts in finance. If you want to make money, you need to be patient and persistent. There is no magic formula that will make you rich overnight.
If you are struggling to achieve your financial goals, it is important to get help from a financial advisor. They can help you create a plan that is realistic and achievable.
Do you have a trading or investing definition for our dictionary? Click the Create Definition link to add your own definition. You will earn 150 bonus reputation points for each definition that is accepted.
Is this definition wrong? Let us know by posting to the forum and we will correct it.