Predicting the future works well for familiar and new books or stories. Simply read a few pages into the story, then stop and have your audience speculate about what might happen next. Think together about how the problem might be resolved or how the story might end.
If you are working with familiar material, you will help your child build memory and expressive skills. Logical thinking, prediction, and other higher order thinking skills are needed to make predictions about unknown material. Either way, your child will benefit from mental gymnastics like this.
As you read, you can also pause from time to time and get your child to tell you sensory details that were not specifically mentioned in the story. For example, if you are reading a story about a boy going to the store, ask what color the car was. No fair looking at pictures! This one needs to come completely from the imagination. You can ask questions about how people or places look, how people are dressed, what’s on the walls of a room, or what products are on the store shelves. Just make sure that your questions cannot be answered either by listening to the text or by looking at illustrations. One of the foundations of listening and later reading comprehension is visualization. When you ask children to fill in details like these from their imaginations, it forces them to form a mental picture of the characters, setting, or action. This helps them to understand and remember what they are hearing or reading about.