Totally Vanilla Cake

1/2 C. milk
1 C. pecans
1 C. butter
1 box vanilla wafers, pulverized fine (plus 2 Tbsp. flour)
7 oz coconut
2 C. sugar
6 eggs

Cream butter with electric mixer until fluffy. Gradually add sugar and beat well. Add eggs one at a time and mix well. Add milk and vanilla wafer mix alternately. Fold in coconut and pecans. Pour into well greased and floured Bundt pan. Bake 1 hour at 325 degrees.