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Yes, staining or sealing a cedar deck or fence is highly recommended to extend its lifespan, typically by five to 10 years. While cedar is naturally resistant to mold and mildew, it can still fall victim to moisture, sun exposure, and rot over time. Applying a treatment creates a protective shield that helps prevent splintering, fading, and decay, preserving the wood's strength and appearance. A combination stain and sealer often provides the best protection, as it soaks into the wood grain rather than just sitting on top. This offers superior defense against UV damage and rot and lasts longer than a sealer alone. To maintain the wood's natural look, consider using a near-translucent stain. You should plan to reapply the stain or sealer every two to three years.

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 shouldn't paint a metal fence. Painting doesn't necessarily damage a corrugated metal fence, but these types of fences are meant to flex, and paint can easily chip and break off. Latex paints can address this issue, but those tend not to be very weather-resistant. Certain paints can trap moisture in the corrugation, which can rust the metal and lead to corrosion. And finally, if you paint a copper fence, it won't patina, which is one of the main reasons people buy copper.  

Regular cleaning, rust-proof coatings, and checking fasteners help prolong the lifespan.