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The best finish for wrought iron railings is either a semi-gloss or a gloss sheen, as each offers good durability against rain, wind, heat, cold, and snow. 

Moisture and rot are the largest threat to wooden fences. Stain can help your wood fence last 15 to 20 years, but only if you choose a stain with waterproofing qualities or add a sealant. Oil-based stains create a thicker moisture barrier than water-based stains, though both are mold and mildew resistant. You’ll generally need to re-stain your fence every one to eight years to get full protection.

You can use latex or acrylic paint outdoors. Although acrylic paint tends to last longer outside, it also costs more, so if you’re painting the outside of your house, for instance, latex paint is often a go-to option. However, acrylic will be your best choice if you want to spend some extra money for added durability.

There’s no single paint that’s the most waterproof. Instead, there are several types of waterproof and water-resistant paints that suit different purposes. Epoxy paint, for instance, is commonly used to provide a waterproof coating to floors and decks. Masonry paint is an excellent choice for exterior walls. Meanwhile, there are waterproof acrylic paints that can be used for interior and exterior walls. It’s more about choosing the best type for what you’re painting instead of the most waterproof paint overall.