Maybe not. Truthfully, I don't think God ever laughs at those he loves.
I was troubled by this phrase, so I decided to visit my deceptively-omniscient friend, Mr. Google. What I found was a blog post by a man named Andy Merrick written on this very subject. Andy explains this much better than I do, so I invite you to check out his explanation, which includes Biblical references to support that idea that God does not laugh at his children.
"Commit to the LORD whatever you do, and your plans will succeed."(Proverbs 16:3)
Of course, God is still the ones who makes the final decision, as we see here:
"To man belong the plans of the heart, but from the LORD comes the reply of the tongue."(Proverbs 16:1)Yet, as Mr. Merrick states in his blog, "There’s no laughing going on here!"
So don't be afraid to make plans - GREAT plans for your life. Just remember to include God as the head of your support crew, and you will be amazed at where he takes you.