Her four arms represent the four directions in space, symbolizing the omnipresence and omnipotence of Lakshmi. The color red color signifies activity and the golden embroidery of her dress denotes prosperity. The idea conveyed here is that the Goddess is always busy distributing wealth and prosperity to the devotees. The lotus seat, which Lakshmi upon which she stands suggests that, while living in this world, one should enjoy its wealth, but not become obsessed with it.  Such living is analogous to a lotus growing in the muddy waters, remaining pure and untouched by its surroundings.