By listing and organizing the main points made by each story, I did, however, extract what seem to me to be seven principles that may cast some general understanding on the process of learning to read without schooling. I have chosen to organize the remainder of this essay around these principles and to exemplify each with quotations from stories that were sent to me. Some of the people who sent stories asked that I use only their first names and not their children's names, so I will use that convention throughout.
If you have been following me for any length of time, you know my son took to reading like a fish to water. Right now he is 4 and reading at a 2nd grade level. Everyone asks me how we taught him, so awhile back I shared this post  –  Teach Your Toddler To Read – A Hooked on Phonics Review. It’s one of my most viewed posts. But, what should you do before that? Before Hooked on Phonics? That’s a question I get asked a lot. So often, in fact, I decided to put this post together.
Between the ages of 2 and 3, reading becomes a crucial part of your child's healthy development. The baby is growing into a child and communicating a little more each day. He is beginning to express his personality, indicate his preferences and assert his will. In fact, during this period, your child will experience a dramatic increase in language abilities. Many children can comprehend up to 400 words by their 3rd birthday. They can also speak in simple sentences and begin using correct grammar. For this reason, children love having the same books read to them at this age. In fact they thrive on repetition, and use the experience to memorize their favourite phrases and expressions from the book. Supporting your child's expanding language skills through reading becomes even more important.
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On one point I disagree with you, and that is your implication that once a child can read on hir own, then henceforth it is clear sailing on the sea of learning all that the public and school libraries hold in their collections. Actually, learning how to read in the beginner sense is just a step on the way to learning how to read in the scholar sense. One guide for that is HOW TO READ A BOOK by Mortimer Adler. Doubtless you can find it at your public library, and Google finds free pdf copies online as well as bound copies for sale in both the original and revised editions and articles about the book, plus an online video of a TV series Adler did on the book long ago.
When children classify a book into a certain genre, they have to first summarize the book in their head and recall details.  Then they have to use that information to decide which type of genre that particular books fits into.  Finally, your child will be recalling details from other books in the same genre, making connections between the two.  This simple activity that might take 5-10 seconds of your time after reading a book but it certainly packs a punch of thought and processing in that young brain!
“If children don’t learn at an early age to enjoy reading, it will most likely hinder their ability sometime down the road.” I do not agree with your statement. My mother worked to support her family, and I didn’t have the opportunity to read books until school. I learned to read at 5 and was very successful throughout school/college. Not every child has the opportunity to be read to, or even access to books.
Yes, it certainly is a balance! No greater emphasis should be put on one area over the others (with the exception of reading comprehension). Sight words are typically extremely beneficial for early readers who get frustrated when words don’t follow the “rules”. This is the only area of reading where I feel like memorization is beneficial, in context with all the other reading strategies, of course.
In terms of outcomes, longitudinal research, the kind that follows kids for decades, tells a sad story. If your child is experiencing reading failure, it is almost as if he has contracted a chronic and debilitating disease. Kids who are not reading at grade level in first grade almost invariably remain poor fourth grade readers. Seventy four percent of struggling third grade readers still struggle in ninth grade, which in turn makes it hard to graduate from high school. Those who do manage to press on — and who manage to graduate from high school — often find that their dreams of succeeding in higher education are frustratingly elusive. It won’t surprise you to know that kids who struggle in reading grow up to be adults who struggle to hold on to steady work; they are more likely to experience periods of prolonged unemployment, require welfare services, and are more likely to end up in jail.
Basically, we are just repetitive and always say the letter sound with the letter. Please note I firmly believe that every child is different and NEVER push your kiddo into something they aren’t ready for. My younger son, who’s 2, is still working on his letters while big brother was reading at this age. I’d hate for anyone to read this and think that their child is behind. There is no such thing!
Once your child is about 2 or 3-years of age, begin asking questions before, during, and after reading the book. Show your child the cover of the book and ask him what he thinks the story is going to be about (predicting). While reading, ask him what he thinks is going to happen in the story or why he thinks a character made a particular choice (inferring). If a character is depicting a strong emotion, identify that emotion and ask your child if he has ever felt that way (connecting). At the end of the book, ask if his prediction(s) came true. Afterwards, ask him to tell you what he remembered happening in the book (summarizing).