How to Make Magnetic Slime

This video tutorial demonstrates how to create magnetic slime using water, school glue, baking soda, and contact lens solution. After mixing and kneading the ingredients, iron filings are added to make the slime magnetic. The video shows how to use a neodymium magnet to interact with the slime, capturing the process in slow motion or time lapse. It also provides tips for cleaning magnets and storing the slime, noting that the slime may rust over time.

Describe the effect of bringing a neodymium magnet near the slime.

What happens to the color of the slime when it is stored over time?