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Fengshui Laughing Buddha Standing on Rock Carrying Ingot for Good Luck Happiness: A Laughing Buddha statue is considered to bring auspicious energy and joyful blessings. His enormous belly signifies abundance – not of material wealth, but good fortune and health. This statue can come in a variety of sizes, postures, materials and colours. It is an individual choice on which statue helps to attract the feng shui energy one desires. A popular location for a Laughing Buddha statue is displayed off the floor near the main entry area of the home. Since he is also considered the patron of children; a statue could be perfect for a child’s room. The Buddha pose most ideal for wealth and prosperity is one that carries a pot of gold, ingots or sack filled with treasure.