This is so simple I wasn't going to put it up, but decided to after marveling at how I didn't think of it sooner.
If you're anything like me, you prefer to keep your screwdrivers magnetized and are sick of getting up and running to the fridge to "recharge" them (Also, you're too cheap to go buy a magnetic screwdriver). Well fear not! In two simple steps (one Instructable step) we can remedy this problem.
Step 1) Get a magnet and a screw that fits though it (or one magnet and two screws that don't fit through it). I got mine out of an old DVD player I was cannibalizing for something else. Step 2) Screw the magnet to your bench in an out of the way, but within arms reach distance.
Voila. Magnetize your tools to your heart's content.