I like the conversion to an array, to be able to access individual elements:
sentence="this is a story"
stringarray=($sentence)
now you can access individual elements directly (it starts with 0):
echo ${stringarray[0]}
or convert back to string in order to loop:
for i in "${stringarray[@]}"
do
:
# do whatever on $i
done
Of course looping through the string directly was answered before, but that answer had the the disadvantage to not keep track of the individual elements for later use:
for i in $sentence
do
:
# do whatever on $i
done
See also Bash Array Reference.