An elephant is an auspicious symbol, in many Asian cultures, the elephant is considered a sacred animal. It is regarded as the most wondrous creature ever created and is greatly admired. According to Buddhist beliefs, elephants are celestial animals and one of the sacred treasures of Buddha. Throughout time, these regal animals have come to symbolize many things including, Dignity, Fidelity, Good fortune, Good luck, Intelligence, Longevity, Power, Strength, Success, Virility & Wisdom. In the application of feng shui, the elephant is considered a sacred symbol. It can act as the grantor of wishes and as the protector of the household. Ways to Use Elephants for Good Luck! 1. Bringing good luck into the home - Place a statue of an elephant, or a pair of elephants, at the front door facing inward to signal good luck and blessings entering the home.