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Wood stain does go bad, but it will last in the can for between three and six years, provided you use proper storage techniques. Storing wood stain in open containers or in extremely low or high temperatures will cause your wood stain to become unusable much more quickly. Water- and latex-based wood stains typically last for just two to four years, while oil-based wood stains can last for three to six years.

Opt for an interior wood stain that is rated for your type of wood. Consider your personal style preferences as well as the overall use of the room when choosing a color. Remember, the color you see at the store may look different on your actual floors once applied. This is why if you have the chance, it’s helpful to test a few options on a scrap piece of wood in the room first. Once you narrow it down, you can test a small patch on an inconspicuous area in the room to see it on the actual floors.

Acrylic latex paint is the best option to use on your outdoor wrought iron fence, because it holds up well against the elements. Use a high-quality, exterior-grade paint specifically designed for use on metal. You can choose between spray paint or regular liquid paint. As for primer, it's best to use an oil-based and rust inhibiting option before painting your wrought iron fence.

If you want the longest-lasting exterior paint, go with acrylic. You can choose from acrylic latex, enamel, or latex enamel. These types of paint can withstand harsh weather conditions and sun exposure. Additionally, matte and satin finishes are likely to be your best bet for exterior paint that can withstand moisture and cracking.