Yes it is best to put whatever baby bed you choose close to your bed for the first 3-6months of age. Due to space and economic factors parents often decide to put their baby straight into a cot/crib and make a nice cosy ‘nesting’ place using the Sleepwrap baby wrap. Also see FAQ#3.
There is no absolute need to buy a bassinet plus all that goes with it, saving you a few hundred dollars! Space allowing, a cot/crib can be placed in the parents room.
Parents also use the Safe T Sleep Sleepwrap on ‘big’ beds rather than buying a portable cot when travelling/or visiting, saving another few hundred dollars. https://www.safetsleep.com/collections/all-safe-t-sleep-products