"Blessed is the one who does not walk in step with the wicked or stand in the way that sinners take or sit in the company of mockers, but whose delight is in the law of the and who meditates on his law day and night. That person is like a tree planted by streams of water which yields its fruit in season and whose leaf does not wither whatever they do prospers. Not so the wicked! They are like chaff that the wind blows away. Therefore the wicked will not stand in the judgment nor sinners in the assembly of the righteous. For the watches over the way of the righteous, but the way of the wicked leads to destruction."
It seems that we are always looking for the latest formula to be successful, whatever that word means to different people. While there is nothing necessarily wrong with these steps or methods per se, the psalmist describes the key to being "blessed". He gives a rich image of what is the result of the "blessed" life. It is like a tree planted by a stream of water which yields fruit in season and out of season. Notice the tree beside the water can't help but bear fruit because it is in the right location.
Similarly the Psalmist says that as we meditate on God's word often we are like that tree. In fact he uses day and night we might symbolize a constant awareness. And for the psalmist it was the law of the Lord. For a Jew this would be the same as the bible is for us. It was revealed to them by God as foreshadowing of the ultimate source of blessing, God's Son Jesus.
I think focusing on a psalm each day can be way for us to meditate who God is and what He has done for us. Importantly this psalm says, "delighting in the Law of the Lord." What a great way to look at reading the bible. Delighting in it!! I hope you will enjoy going through the psalms with me.