Several hands-on experiments are logged here, where students can learn about magnetism and electricity by building their own circuits, playing with compasses and magnets, or simply observing the properties of magnetism and recording them on a student worksheet.
Students will build a magnetic field viewing bottle from baby oil and steel wool fibers to see the magnetic field align with a magnet. A similar experiment is offered to make an electric field viewing bottle; both experiments yield dramatic results for elementary students. The second link above offers
You are what you eat, and in this wonderful experiment, students will discover iron particles in their breakfast cereal as they separate the iron out. Make sure you use iron-fortified cereal.