Am I happy or blessed?

Today I was reading Psalm 119 in a modern English version, and found it off-putting to use our common, homely, overused, trite word HAPPY instead of the more familiar BLESSED. But then I did a little research, and found that HAPPY is more accurate, plus it has a deeper meaning than we usually assign to it.
Happy are they who follow the pure path,
who walk in the law of the Lord.
Happy are they who obey his decrees
and seek him out with all their heart.
Ps. 119:1 BLESSED (HAPPY, fortunate, to be envied) are the undefiled (the upright, truly sincere, and blameless) in the way [of the revealed will of God], who walk (order their conduct and conversation) in the law of the Lord (the whole of God's revealed will). Amplified Bible.

Also came across this explaining the difference between ashre (happy) and barak (blessed). Ashre involves our choices, our doing.

Dr. Walter D. Zorn, Prof. of OT & Biblical Languages Lincoln Christian College & Seminary, Lincoln, IL

"Happy in the Psalms"

Gerald Janzen discovered in his study of ashre that it is not the "antithesis to the cry of woe, hoy, 'Ah! Alas!'"5 Neither, Janzen revealed, was it ever used with reference to God. The word is never on God’s lips to refer to man or to Himself. When one “blesses” God or God “blesses” man, barak is used, not ashre. Ashre is used 44 times in the Hebrew Scriptures, 26 times in the Psalms . . .

. . . having looked at all the 26 references to ashre used in the Psalter, I discovered that “happiness” is a by-product of something one does and includes the choices one makes. Psalms 1 and 2, of course, set the tone as one discovers that “happiness” comes by the good choice of not “walk[ing] in the counsel of the wicked or stand[ing] in the way of sinners or sit[ting] in the seat of mockers. But his delight is in the law of the LORD, and on his law he meditates day and night” (Ps 1:1-2). This coincides with the idea of “happiness” being “bliss.” It is a “delight” to meditate on God’s instruction. The “doing” here is the study of God’s Word. Psalm 2 concludes with an ambiguous thought: “Happy [are] all taking refuge in him.” The “him” could be the “Son,” the newly anointed and exalted Son-King, or Yahweh, the King Himself.

(It is unfortunate that the NIV uses “blessed” to translate ashre. It is best to use “blessed” for barak instead of ashre. The English student would not know the difference. Using “happy,” or “blissful,” or perhaps “fortunate” would be best for ashre as it refers to the human being, and particularly God’s people.) A review of the 26 references in Psalms will reveal the source for "happiness" and its logical consequences. . .

I feel better now, and in the future will read it with a different eye.