The如意, as a feng shui item symbolizing good fortune and safety, inherently has the effect of protecting against misfortune. When combined with the form of dragons and phoenixes, its feng shui effects are even stronger. If family members feel that evil energy is affecting them, or if they experience mental confusion during a certain period, or if there are signs such as darkened forehead indicating potential disasters, placing a dragon and phoenix如意 in the living room can greatly protect against misfortune.

Dragons and phoenixes are very noble mythical creatures in traditional Chinese culture, representing the highest status. For example, only emperors and empresses would compare themselves to dragons and phoenixes. Therefore, the dragon and phoenix如意 can bring about an enhancement in one's fortune. If placed in an appropriate position in the home, it can improve the overall energy of the house. It has a positive effect on improving situations of low fortune, especially benefiting one's career luck.

Decorative items with the shape of a dragon are especially suitable for placement near water sources, such as next to an aquarium or outside the house where there is water, allowing the dragon's mouth to face the window. Water itself symbolizes "wealth," and since the dragon drinks water, this can help attract wealth. Dragons and phoenixes themselves are symbols of wealth and nobility, so as decorative items in the home, they naturally enhance the household's financial prosperity, improving the owner's fortune and career prospects, especially suitable for those engaged in business.

The dragon and phoenix如意 also have the function of warding off negative energy and preventing disasters. Since dragons and phoenixes are fierce mythical creatures, with dragons having sharp claws and phoenixes having sharp beaks, if any part of the home is affected by negative energy, such as a "reverse bow" or "direct road" feng shui issue from outside, placing a dragon and phoenix如意 in the corresponding location can block the negative energy, reducing its impact on the family's fortune and eliminating potential disasters.

Although the dragon and phoenix如意 has many powerful feng shui functions, it is not suitable for everyone or every room. For instance, since dragons and phoenixes are fierce mythical creatures, they should not be placed in bedrooms, especially children's bedrooms, as this may have adverse effects. Additionally, if the homeowner's zodiac sign is a dog, which conflicts with the dragon, it is not advisable to place it. Also, if there is a polluted ditch in front of the house, avoid letting the dragon's mouth face it to prevent absorbing impure energy.