Stock market volatility comes and goes, but the decisions you make now for your portfolio could impact your financial health in the long term. No investment is guaranteed, and all investments are accompanied by a certain level of risk. 

However, if you put your cash into quality businesses and steadily build your positions in great companies with time -- regardless of what the latest investing fad is and without trying to time the market -- you can compound your returns through the years. If you have a larger amount, like $20,000, that you'd like to put into stocks right now, there is no shortage of companies begging to be bought. 

Supposing you'd like to allocate that investment capital across multiple stocks, here are three names to consider for your buy basket if you have $20,000 to add to your portfolio right now. 

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Source Fool.com