Can water be magnetized?

Introduction:

While studying about water, I came across an article on the Internet about magnetized water and it's healing properties. The article suggests that magnetized water tastes sweeter and has more clarity; Magnetized water has therapeutic affects and can heal wounds and reduce fevers. 

I know that I never learned about magnetic water in school and I am wondering if water can really be magnetized?

 
 Project description:
The purpose of this project is to find out if water can really be magnetized. I will design and perform experiments to see how water can be magnetized and how it affects the physical properties of water? 
 Details of this project:
More details or support for this project is available for the members of ScienceProject.com. Material needed for experiment may be found at home, obtained locally or purchased online from MiniScience.com.