Preserve me, O God, for in you I take refuge.  I say to the LORD, “You are my Lord; I have no good apart from you.”  As for the saints in the land, they are the excellent ones, in whom is all my delight.  The sorrows of those who run after another god shall multiply; their drink offerings of blood I will not pour out or take their names on my lips.  The LORD is my chosen portion and my cup; you hold my lot.  The lines have fallen for me in pleasant places; indeed, I have a beautiful inheritance.  I bless the LORD who gives me counsel; in the night also my heart instructs me.  I have set the LORD always before me; because he is at my right hand, I shall not be shaken.  Therefore my heart is glad, and my whole being rejoices; my flesh also dwells secure.  For you will not abandon my soul to Sheol, or let your holy one see corruption.  You make known to me the path of life; in your presence there is fullness of joy; at your right hand are pleasures forevermore. (Psalm 16 ESV)
Look at verses 1-4. David reveals the object of his present confidence.
1. Confidence in his refuge: Verse 1; Many Psalms begin this way, and the pattern would seem to suggest this as an indicator of David’s comfort in the presence of the Lord as his refuge.
2. Confidence in his personal relationship: Verse 2a; I said to Yahweh, you are my Adonai. This designation reveals David’s submission to Yahweh as his master. He admits that Yahweh is in control over his personal circumstance.
3. Confidence in the source of his benefits: Verse 2b; He acknowledges that the good he has experienced is from the hand of God alone.
Whom have I in heaven but you? And there is nothing on earth that I desire besides you. My flesh and my heart may fail, but God is the strength of my heart and my portion forever. (Psalm 73:25-26 ESV)
4. Confidence in the community of faith: Verses 3-4. There is confidence in the knowledge that you are not alone in your faith in God. Contrasted with that is the refusal to associate oneself with those who reject God and follow false idols.
Whoever walks with the wise becomes wise, but the companion of fools will suffer harm. (Proverbs 13:20 ESV)
Hope in the Psalms
How often do you deal with the fear of man? Many times we are overwhelmingly influenced by the culture around us more than we are the character of God as revealed in the Scriptures.
The most radical treatment for the fear of man is the fear of the Lord. God must be bigger to you than people are. This antidote takes years to grasp; in fact, it will take all of our lives. -Ed Welch When People are Big and God is Small