What is the best way to teach your kids how to read?

The best way to teach your kids how to read is to put them in school.  You will also want to spend 20 minutes a day reading with them in the morning or 30 minutes before bed to augment and solidify what they learn at school.  Teach your kids how to spell, sentence punctuation, sentence intonation, and how to sound out words they do not know.  After reading ask questions about what was read to make sure your child understood what was read.  Ask them inference type questions, and questions directly related to what happened in the story.