Lets look at Johnson and Johnson. You said you bought it a year ago, roughly speaking, it was $135 paying ~3% yield. Today it sits at $146 so not only has it gone back to what it was, it has surpassed it - and they did not cut dividends the entire time.I meant to hang onto them for the rest of my life but if you think I am going to sit here and watch my hard earned money melt away and do nothing about it you have another think coming.
Dividends, not cut and increasing for over 18 years - They have increased their dividends since at least 2002. I didn't go back further because there was a stock split and I didn't research by how much or the amount.
The Investor Relations website contains information about Johnson & Johnson's business for stockholders, potential investors, and financial analysts.
Stock Price - The stock price keeps going up. There is nothing wrong with the chart below, that's exactly what you want to see out of a stock.
From the information above, I don't believe your money was "melting away"; And generally speaking, that's exactly what the community agrees you do - nothing. Buy and hold works for most blue chip companies - your money was not melting away; it was experiencing regular market rises and dips.