What is a good amount of money to have to start investing in the stock market?

Perfect.

I was hoping you wouldn't say I have $75 - where can I open an account.

Put all the money in the account.

You can buy stocks little by little.

You'll be able to transfer money to your current account and back at no cost through the broker.

Google

Money magazines 2010 broker survey report.

Choose a company you like.

Remember - you get what you pay for.

Some cheap ones won't let you day trade.

If it's money that you won't have to rely on to support yourself then put it all in a brokerage account. I use Tradeking because it has $5 trades. There's no reason not to start investing with all of your money. You can just create low-risk portfolio. Maybe invest 3/4 in a money market mutual fund or CD and the rest in the stock market to start. In all honestly, you should put it all in the stock market now. The recession has greatly lowered stock prices and they are basically on sale. In a few years you will be very happy you purchased while the market is down.

$3200 is a good start. For investing in the stock market I guess I would have to say at least $1000 dollars, however you are young and the stock market is something that you have to learn how to play. It is very risky. I would recommend just keep working and open up a savings account. You don't really earn much on interest with a savings account, but it is better than nothing and you can save every month with the money you get from your job. Little by little you can build your savings up. Good luck.

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RE:

What is a good amount of money to have to start investing in the stock market?

I wanted to start investing my money and wanted to know if I had enough to start doing what I wanted to do.

I want to day trade.

Right now I have $3200 saved. I am an 18 year old high school student and had to give up my job to have enough time for my school work load.

I want to use what I...

You're right to start with a small fraction of your cash but you're wrong in thinking that the cash isn't part of the investment too. You need to dedicate cash to your portfolio that although you may be keeping as cash, you cannot think of it as cash you have available to spend. $160 is barely enough to buy a couple of shares of a reasonable company so you won't get far on the stock market unless you do something like sharebuilder.com. I would suggest that you start with buying a few books and reading them. My favourites, because they are a real easy read, are "Take Your Money and Run" by Alex Doulis and "Fortune's Formula" by William Poundstone.

A lot of banks have practice accounts, maybe you should get one of those and play with that while you're reading the books.

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This article will help you start investing and tell how much money you need to have.