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The best type of paint to use for chain link fences is an oil-based paint. Oil-based paints are durable and will withstand the elements well. Search for an oil-based paint with rust protection and aluminum flakes to further protect the longevity of the fence.

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. 

Applying a sealer or topcoat after staining wood is highly recommended, though not always strictly required. A sealer protects the wood from moisture, UV rays, and weather-related issues, which is especially important for outdoor surfaces like decks and fences. It also enhances the stain's durability, prevents fading over time, and gives the wood a cleaner, more professional-looking finish. For some indoor applications, a sealer may not be necessary, depending on the type of stain used and the level of protection needed. It's always best to check the stain manufacturer's recommendations and consider the wood's intended use and exposure when deciding whether to apply a sealer.

Wood stains last anywhere from two to five years, depending on exposure to the elements, your local climate, the type of stain, and the surface it’s on. For instance, vertical surfaces last longer than horizontal surfaces. Some types of woods, like dense hardwoods, will require a recoat yearly, as they are too dense for the stain to absorb. In any event, apply a recoat every 2 to 4 years. As for storage, a can of unopened stain can last up to 5 years, though results may vary.