Rolled oats (not quick or instant),2 cups
Milk, fruit juice or water,2 cups
Apples, diced, 2
Walnuts, 1/2 cup
Honey, to taste
Cream or yogurt (optional), 1/2 cup

Mix the oats together with the milk, juice or water in a bowl. Cover, refrigerate and let soak overnight or for at least an hour.
Stir in the apples, walnuts and honey to taste. Top with the cream or yogurt and serve cold.

Serving Muesli Hot: muesli is also good served as a hot cereal. Eliminate the soaking step. Add the milk, fruit juice or water to a saucepan with another 1 1/2 cups of water. Bring to a boil and stir in the oats. Reduce the heat to low and simmer for 5 to 7 minutes. Stir in the remaining ingredients and serve.

Gail's notes: I've not made this one as much as the other swiss oats recipe. But I think I have tried it with water. I used to have a recipe that called for soaking the oats in orange juice and then serving the next morning but it's been a long time since I've tried that! If I add raisins or apples I usually do it at night when mixing. Have not tried this hot yet.