Best cheap tool you ever bought.

I got an old drill grinder from work, for free when they shut down the machine shop

like this a darex (just looked it up, wow...$$$)
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so I buy all the drill bits at yard sales
you can tell the good old steel bits right away, and I toss the junk
it will do up to a 1 - 1/2" bit and down to 1/8 (with a magnifier...lol)