The phrase "Fresh Off the Boat" has gained popularity in recent years, but its spelling can cause confusion. In IPA phonetic transcription, it would be spelled /frɛʃ ɒf ði bəʊt/. The word "fresh" is pronounced with a short e sound, while "off" is pronounced with a short o sound. "The" is pronounced with a schwa sound, and "boat" is pronounced with a long o sound. So, the correct spelling for this phrase is "Fresh Off the Boat".