The psalm opens with a blessing: blessed is the man who fears the Lord, who greatly delights in his commandments. His offspring will be mighty in the land, the generation of the upright will be blessed. Wealth and riches are in his house, and his righteousness endures forever.
Verses 4-6 describe his character. Light dawns in the darkness for the upright; he is gracious, merciful and righteous. It is well with the man who deals generously and lends, who conducts his affairs with justice. For this reason he will never be moved, and the righteous will be remembered forever.
Verses 7 and 8 speak of his inner strength. He is not afraid of bad news; his heart is firm, trusting in the Lord. His heart is steady and he will not be afraid until he looks in triumph on his adversaries. Verse 9 returns to generosity: he has distributed freely, he has given to the poor, and his righteousness endures forever; his horn is exalted in honor. At the end, the wicked man sees it and is angry, gnashes his teeth and melts away, and the desire of the wicked will perish.