The type of paint you'll choose for your wood furniture depends on how you want it to look, whether the furniture will be used indoors or outdoors, and how the piece will be used. As far as looks- do you want the paint to be dull and flat? A kind of shiny semi-gloss? Or all-out glossy? If the furniture is going to be exposed to the elements, you may want to choose a durable enamel paint. And, if the paint needs to be washable and dirt-resistant, look for an acrylic. Latex paint dries quickly and is durable too.