Stable aqueous dispersion of magnetite colloid was obtained by allowing a fatty acid, such as nonanoic acid, decanoic acid and undecanoic acid, dissociated with NH4OH solution to adsorb on the monomolecular adsorption of oleate. To obtain a stable dispersion, added amounts of sodium oleate and nonanoic acid for magnetite 20g were more than 2.63$ imes$10-2 mol and 0.04 mol respectively. In this colloid, good dispersions of magnetite which is sterically stabilized in aqueous system were achieved about pH 7.7. Water-based magnetic fluids using in this study were able to redisperse to water-based magnetic fluids by adding NH4OH solution to dried water-based magnetic fluid powders. Changing a magnetic fluid carrier such as kerosene was also attemped by adding kerosene to dried water-based magnetic fluid powders. In this study, we can obtain a kerosene-based magnetic fluids using drying process.