I am a big fan of the coconut -- and I'm suggesting you join me in my admiration. There are myriad uses and benefits to be derived from a humble coconut.
Coconut Oil: I love coconut oil. It's natural, affordable, easy to find, and can be used in a variety of ways. You can use coconut oil (organic, food-grade) in the kitchen, as well as for skin care, as a massage oil, and for hair care, among other things. Coconut oil is a solid at room temperature and becomes liquid at 76F. It's highly stable and long lasting, anti-viral, anti-fungal, healing and is said to improve nutrition absorption.
In the kitchen, coconut oil can replace butter and other oils in cooking. While coconut oil does contain saturated fat, the main saturated fat in coconut oil is lauric acid, a medium chain fatty acid. Lauric acid increases levels of good HDL. The fatty acids in coconut oil are primarily medium-chain triglycerides which are shorter than the long-chain triglycerides that you'll find in other oils and fats and more easily metabolized. And, coconut oil is...yummy.
For personal use, coconut oil is one of the best moisturizers out there. I should know. Having psoriasis, I am quite the connoisseur of moisturizers. I feel like I've tried them all and, hands down, I love coconut oil. It smells good (subtle, not over-powering), it absorbs well, it's ultra-moisturizing, leaves your skin feeling soft and smooth, and is loaded with anti-oxidants. Starting like a butter, it melts in your hands and into your skin. Use coconut oil as an all-over body moisturizer, an overnight foot cream, cuticle oil, and hot oil hair treatment.
For me, coconut oil is an affordable and versatile household staple.
Swanson's organic extra virgin coconut oil:
http://www.swansonvitamins.com/SWF035/ItemDetail
Shredded Coconut: Organic shredded coconut can be used fresh or toasted in the oven. It can be used to make coconut milk, to make desserts, such as coconut bark, as a coating on chicken or fish, added to smoothies, or sprinkled on oatmeal. There, are of course, many other uses.
Swanson's organic unsulphured:
http://www.swansonvitamins.com/SWF038/ItemDetail
Coconut Water: Coconut water is nature's Gatorade. It contains water for rehydration, carbs in the form of sugar for energy, and electrolytes to replace those lost through sweat.
Coconut Water:
http://www.swansonvitamins.com/Search?keyword=coconut+water&doSearch=true&ntt=&n=4445&ntk=Level1&x=0&y=0
Coconut Milk: Pure coconut milk can be used in cooking, or as a milk substitute for those lactose intolerant or vegan, and is readily available in the supermarket in both the dairy and cooking sections.
In a (coco) nut shell, the humble coconut is a star.