V.1-13 This well-known parable has many applications. Let us apply it to the Lord’s coming. Today even the true believers (the 5 wise) are going to sleep. Then before the Lord comes there is a restoration of the truth that the Lord is coming. This hope was lost to the church for hundreds and hundreds of years, and was only restored in the early part of the 1800s. We are close to His coming for us. The foolish are caught without oil — life or the Holy Spirit — and the door is shut on them forever!
V.14-30 This parable can be applied to our service down here. Three people are given different abilities. The first two have something in common — they know their Master. They have different abilities, but their rewards are the same. It does not matter how much ability we have, but how well we know the Lord. Then the third man. Though he said he knew the Master, he did not at all. Do not forget, this is not speaking about salvation, for a believer can never be lost, but his service can be all lost unless he learns about the Lord. Many believers don’t seem to grow in the knowledge of the Lord (See 2 Peter 3:18).
V.31-46 The Lord Jesus will come in His glory (“E” on chart) and shall gather the living nations before Him, and shall separate the people one from the other. Those on His right side shall populate the earth during the millennium (“E” to “F” on chart) and the unbelievers on His left shall be cast into hell directly.