This is the Psalm 1 which is one of my favorite.
In blue is the way it speaks to me according to my position in Christ.
Praise the Lord for his Spirit dwelling in us.
We can now walk in vistory on this earth.
[Psalm 1:1]
Blessed is the man
Who walks not in the counsel of the ungodly,
Nor stands in the path of sinners,
Nor sits in the seat of the scornful;
[Psalm 1:2]
But his delight is in the law of the Lord,
And in His law he meditates day and night.
[Psalm 1:3]
He shall be like a tree
Planted by the rivers of water,
That brings forth its fruit in its season,
Whose leaf also shall not wither;
And whatever he does shall prosper.
[Psalm 1:4]
The ungodly are not so,
But are like the chaff which the wind drives away.
The natural man does not receive the spiritual things, [1 Cor 2:14]
But is carried about with every wind of doctrine. [Ephesians 4:14]
[Psalm 1:5]
Therefore the ungodly shall not stand in the judgment,
Nor sinners in the congregation of the righteous.
If you live according to flesh you will die [Romans 8:13]
as flesh and blood will not inherit the kingdom of God. [1 Cor 15:50]
[Psalm 1:6]
For the Lord knows the way of the righteous,
But the way of the ungodly shall perish.
For the mind set on the flesh is death, [Romans 8:6]
but the mind set on the Spirit is life and peace
.