This brass statue of Laughing Buddha is not only aesthetic, but also beneficial from Feng Shui point of view. Keeping a Laughing Buddha statue around is believed to bring good luck, wealth and auspicious energy your way. It is said that placing the statue anywhere in the money area in South East attracts wealth energy. In fact, as folklore has it, laughing buddha is symbolic of an unconventional Buddhist monk, who lived in China in the 10th century. It is said that the Buddhist monk was ever lighthearted and laughing, unlike the usual reputation of Gautam Buddha. As such, the idol of the laughing Buddha became popular for want of joyfulness, optimism and prosperity.