Laughing Buddha statue: Significance
The statue of the laughing Buddha reminds us to be grateful, overcome obstacles and most importantly, be happy in life. In the Feng Shui tradition, the reason for buying and placing statues in the home, is to correct a certain imbalance in one’s life. Although it is a symbol from Feng Shui, Vastu Shastra practitioners also encouraged the placement of laughing Buddhas at home. The laughing Buddha bears a similarity to Kubera, (the god of wealth). So, Indians associate it with prosperity.
Opting for a laughing Buddha statue for home in Vastu and placing it in the northeast direction is said to be auspicious.