You all might like this pocket tool rack

[Brett Baldwin]

Bill, all you have to do is sell one piece and then you are no longer a turn/toolaholic. It is all just part and parcel of your trade.

Clever tool rack there.

[Harvey Schneider]

I am using button rare earth magnets to hold my tools on the apron of my Jet lathe. After three weeks, the tools have a very faint magnetism that you can feel when you remove them from the tool rest. The residual magnetism seems to fade quickly, but if you want a cheap demagnetizer, remove the rotor from a shaded pole motor. These are the cheap motors used in small appliances like table fans. The field coil will run hot if you leave it plugged in for a long time so I only plug it in when I am actively using it. Don't unplug it when it is near a tool or it can act as a magnetizer instead of a demagnitizer. Personally the residual magnetism doesn't bother me when I am working.